The share of the yuan in the export-import operations of Russia will continue to grow. This was stated by the chairman of the board of the Russian “Sberbank” German Gref at the Russian-Chinese business forum in Shanghai.
“The share of the yuan in Russia’s export -import operations will continue to grow. Over the year, the share of the yuan in Russian export operations increased from 2 to 18 percent, in imports – from 5 to 27 percent, this is an impressive dynamics,” Gref said.
According to him, Sberbank’s clients show more interest in the nationalities of friendly countries as a whole, and Yuan is an unconditional leader. “In 2023, we expect a tenfold increase in the number of operations in the Yuan compared to last year,” said the head of Sberbank of the Russian Federation.
According to the Central Bank of Russia, the share of “toxic” currencies in the calculations for export of Russia for 2022 fell from 87 to 48 percent, and in imports from 65 to 46 percent.