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In a significant development, the Chinese Yuan has surpassed the US dollar to become the most traded currency in Russia, marking a 2.5% increase. This shift in currency LONDON – China’s renminbi has replaced the US dollar as the most traded currency in Russia, a year after the invasion of Ukraine led to a slew of Western sanctions China’s yuan has replaced the US dollar as the most traded currency in Russia, a year after the invasion of Ukraine led to a slew of Western sanctions against Moscow China is already successful in its quest, as the Chinese yuan has outperformed the US dollar as the most traded currency in Russia. Read here to know how The Chinese yuan outpaced the US dollar to become the most traded foreign currency on Russia's Moscow Exchange in 2025, with the yuan trading volume As the BRICS bloc has continued its de-dollarization, the Chinese yuan has officially surpassed the US dollar (USD) as the most traded currency in Russia. Indeed, the China’s yuan has overtaken the U.S. dollar as the dominant currency in Russia’s international transactions, marking a significant shift in global trade dynamics. Fueled

BRICS & Yuan Power: Chinese Yuan Surpasses USD as Most Traded in Russia

In a significant development, the Chinese Yuan has surpassed the US dollar to become the most traded currency in Russia, marking a notable shift in global financial landscapes. Fueled by BRICS de-dollarization initiatives and Western sanctions following the invasion of Ukraine, this transition highlights the increasing influence of the Yuan and the changing dynamics of international trade.

Yuan Overtakes Dollar: A Year After Sanctions

LONDON – China’s renminbi has replaced the US dollar as the most traded currency in Russia, a year after the invasion of Ukraine led to a slew of Western sanctions against Moscow. This landmark event signifies more than just a change in trading volume; it reflects a broader strategic realignment. China is already successful in its quest, as the Chinese yuan has outperformed the US dollar as the most traded currency in Russia.

Yuan Dominance on the Moscow Exchange

The Chinese yuan outpaced the US dollar to become the most traded foreign currency on Russia's Moscow Exchange in 2025, with the yuan trading volume witnessing substantial growth. This increase of 2.5% further solidifies the yuan's position as the dominant player in Russian currency markets.

BRICS and De-dollarization: The Future of Trade?

As the BRICS bloc has continued its de-dollarization efforts, the Chinese yuan has officially surpassed the US dollar (USD) as the most traded currency in Russia. Indeed, the China’s yuan has overtaken the U.S. dollar as the dominant currency in Russia’s international transactions, marking a significant shift in global trade dynamics. This trend signals a potential future where the yuan plays a more prominent role in global finance.

What Does This Mean for the Global Economy?

The implications of the Chinese Yuan's rise in Russia are far-reaching. From impacting bilateral trade agreements to influencing global currency valuations, this shift highlights the growing economic power of China and the evolving nature of international financial relationships. Read here to know how this transition is reshaping trade and investments.

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