Chinese Yuan will be the main foreign currency of Russia - the Central Bank of the Russian Federation

The statement was made after the United States imposed blocking sanctions against the Moscow Exchange. Mosbierza announced the termination of currency trading for the euro and dollar, as well as the Hong Kong. On June 12, the United States imposed blocking sanctions against the Moscow Exchange. The main threat of these sanctions is the blow to the foreign exchange market and the mechanism of formation of dollar and euros to the ruble.

The Exchange has declared the trading of these currencies since June 13, as well as the trading of the Hong Kong dollar. And the bank of Russia responded with a statement in which he reported that now the exchange rate of Yuan Rubl would set a trajectory for all currencies. The regulator stressed that the course will remain single and market, only the range of data will change for its calculation. Vedomosti writes about it.

"In the last two years, the role of the US dollar and euro in the Russian market has been reduced consistently. This is the result of redirecting of trade flows to the east and changes in the currency of payments to rubles, yuan and other currencies It will be a benchmark for market participants, " - the regulator reports. It is noted that in May this year, the share of Yuan in the auction of Mosbiri was 54%. Yes, Yuan became the main currency on exchange auctions.

The sanction list also included 33 individuals and more than 200 structures from Russia, China and Moldova. Among them are the Sogaz insurance company, the Arctic LNG - 1 and Arctic LNG - 3, as well as the National Settlement Depository and the National Clearing Center. On June 13, the Central Bank announced that the official ruble will be calculated on the offset market - it will remain the only and market.

With regard to the amount of currency from exports, the Central Bank reported that sanctions against Mosburg did not affect it. They also do not affect its demand to pay import. At the same time, Roszma published a brief summary of theses on new sanctions to clarify the situation with the currency market in the Russian Federation.

Financial analyst Maxim Blant in a conversation with The Insider has pointed out that both the population of Russia and the authorities continue to focus on the dollar, since the ruble has confirmed its unreliability many times. "Dollars (and less euro) remain the main means of long -term savings in Russia. With the cessation of bidding on the Moscow exchange, currency exchange will not stop - at least immediately.

However, it is not very profitable to change currency in Russian banks now, and in the future the exchange rate will become even less profitable" , - he said. Blant also explained why Chinese Yuan became the main currency for Russian foreign trade and in general the currency in Russia, which the ruble is oriented. "China is now the main trading partner of Russia and has replaced her Europe, America and much of Asia (for example, South Korea and Japan).

Thus, bidding with Yuan on the Moscow Exchange will become the main currency couple," he said. According to the analyst, the statement of the Central Bank of the Russian Federation indicates that Russia has lost its independence. "If, for example, from next year, Yuan in all official areas will replace the dollar, it will be even worse. It will be absolute and final recognition that Russia has lost its sovereignty, which has been spoken so much at the St.