Russian finance minister says reasonable to build reserves in gold, yuan

HomeForex News

Russian finance minister says reasonable to build reserves in gold, yuan

Yuan's role in Russian reserves will growThat further highlights the deepening ties between the two countries as Russia is being shunned by the West.

  • Yuan’s role in Russian reserves will grow

That further highlights the deepening ties between the two countries as Russia is being shunned by the West. In any case, the yuan has been growing in favour to Russia over the past two decades and it is significant considering that the country holds one of the largest foreign currency reserve assets in the world.

www.forexlive.com