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Russia embraces Chinese yuan as attack on US dollar continues
- Chinese President Xi Jinping is in Russia, where he and Putin have signed several economic agreements
- Putin has endorsed the yuan for international trade, as his efforts to ditch the dollar continue
- Dollar remains the global reserve currency but the Chinese yuan has become a far bigger threat in recent years
March 23, 2023
USD/HKD darts higher as Hong Kong’s Hibor rate pulls back
March 23, 2023
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