Yuan share in export revenues reaching 32% in September — Bank of Russia

Business & Economy November 09, 2023, 21:30

The yuan-denominated bonds market on the Moscow Exchange moved up by 42% from 2023 year-start, the regulator informed

MOSCOW, November 9. /TASS/. The yuan share in export revenues reached 32% or the record high amount equivalent to $11.6 bln, the Bank of Russia said.

"The share of the yuan in export revenues climbed to 32% or (in absolute value) to the historically high amount equivalent to $11.6 bln," the Central Bank said.

The yuan-denominated bonds market on the Moscow Exchange moved up by 42% or by 24.7 bln yuan ($3.4 bln) from 2023 year-start, the regulator informed.

The yuan-denominated bond market reached 83.4 bln yuan ($11.5 bln) in late October 2023.

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