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[ Thu, Feb 06th 2025 ]: Forbes
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[ Thu, Feb 06th 2025 ]: Kiplinger
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[ Thu, Feb 06th 2025 ]: Oneindia
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[ Thu, Feb 06th 2025 ]: sinchew
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[ Thu, Feb 06th 2025 ]: MSN
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[ Thu, Feb 06th 2025 ]: Techopedia
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[ Thu, Feb 06th 2025 ]: AFAQS
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[ Thu, Feb 06th 2025 ]: MSN
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[ Thu, Feb 06th 2025 ]: NerdWallet
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[ Wed, Feb 05th 2025 ]: Techopedia
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[ Wed, Feb 05th 2025 ]: CNET
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[ Wed, Feb 05th 2025 ]: AOL
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[ Wed, Feb 05th 2025 ]: MSN
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[ Wed, Feb 05th 2025 ]: CNET
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[ Wed, Feb 05th 2025 ]: indepthnh
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[ Wed, Feb 05th 2025 ]: Kiplinger
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[ Wed, Feb 05th 2025 ]: Kiplinger
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[ Wed, Feb 05th 2025 ]: MSN
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[ Wed, Feb 05th 2025 ]: AOL
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[ Wed, Feb 05th 2025 ]: MoneyWeek
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[ Wed, Feb 05th 2025 ]: Kiplinger
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[ Wed, Feb 05th 2025 ]: Forbes
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[ Wed, Feb 05th 2025 ]: Forbes
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[ Wed, Feb 05th 2025 ]: MSN
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[ Wed, Feb 05th 2025 ]: businessday
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[ Wed, Feb 05th 2025 ]: Forbes
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[ Wed, Feb 05th 2025 ]: Tuko
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[ Wed, Feb 05th 2025 ]: AOL
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[ Wed, Feb 05th 2025 ]: Reuters
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[ Wed, Feb 05th 2025 ]: Mint
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[ Wed, Feb 05th 2025 ]: Reuters
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[ Wed, Feb 05th 2025 ]: Reuters
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[ Tue, Feb 04th 2025 ]: cnbctv18
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[ Tue, Feb 04th 2025 ]: AOL
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[ Tue, Feb 04th 2025 ]: Fortune
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[ Tue, Feb 04th 2025 ]: Forbes
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[ Tue, Feb 04th 2025 ]: Forbes
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[ Tue, Feb 04th 2025 ]: ABC
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[ Tue, Feb 04th 2025 ]: MSN
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[ Tue, Feb 04th 2025 ]: Kiplinger
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[ Tue, Feb 04th 2025 ]: Kiplinger
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[ Tue, Feb 04th 2025 ]: Reuters
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[ Tue, Feb 04th 2025 ]: Reuters
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[ Tue, Feb 04th 2025 ]: AOL
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[ Tue, Feb 04th 2025 ]: MSN
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Russia plans to boost yuan sales by 17% to support the rouble

Russia plans to increase its sales of Chinese yuan in the domestic market by 17% in 2025 to support the rouble, according to a draft finance ministry document. This strategy aims to stabilize the rouble, which has been under pressure due to Western sanctions and a drop in export revenues. The document outlines that the finance ministry will sell 150 billion roubles ($1.67 billion) worth of yuan in 2025, up from 128 billion roubles in 2024. This move is part of a broader effort to diversify away from the dollar and euro, currencies that have become less accessible due to sanctions. The increased yuan sales are expected to help manage the rouble's volatility and provide liquidity in the foreign exchange market.

Read the Full Reuters Article at:
[ https://www.reuters.com/markets/russia-plans-boost-yuan-sales-by-17-support-rouble-2025-02-05/ ]