Russia is easing its dependence on the U.S. dollar and quickly growing reliant on the Chinese yuan, which could turn out to be a boon for Moscow or a risk.
Baghdad has announced plans to start trading with Beijing directly in yuan amid a shortage of dollars in local markets, says Reuters Read Full Article at RT.com
Baghdad has announced plans to start trading with Beijing directly in yuan amid a shortage of dollars in local markets, says Reuters Read Full Article at RT.com
Baghdad has announced plans to start trading with Beijing directly in yuan amid a shortage of dollars in local markets, says Reuters Read Full Article at RT.com
To compensate for a foreign currency shortage in local markets, Iraq's central bank said the country could soon trade with China directly in yuan for the first time