Yuan Becomes Russia Main Currency. Russian #Ruble not collapsing. But tighten the noose.
Chinese Yuan will become Russia's main currency - Russian Central Bank
The yuan/ruble exchange rate will now set the trajectory for all other currency pairs, including the euro and dollar, the bank's statement said.
Meanwhile, in many Russian banks there are no dollars available for purchase, Russian media report. People line up by banks and ATMs, withdrawing cash (rubles included).
The UK have joined yesterday's US sanctions on Russian stock exchange.
Russian media report that websites of several large Russian banks are not downloading or not allowing clients to log in.
These include #Rosbank, #Gazprombank, and #Moscow Stock exchange.
https://www.cnn.com/2024/06/13/investing/us-russia-sanctions-dollar-euro-trading/index.html
#Ukraine #EU #nato #Europe #Dollar #Sanctions #RussiaIsATerroristState