Turnover in the greenback has been cut in half as the currencies of ‘friendly’ countries gain prominence Trading in the currencies of so-called ‘friendly’ nations, or those that did not impose sanctions on Russia, has surged on the Moscow Exchange this year, pushing out the US dollar, the head of the bourse, Yury Denisov, said on Tuesday. The Belarusian ruble and Chinese yuan have seen volumes grow the most, by 110 and 41 times, respectively, while turnover in the Turkish lira is up some 17-fold and in the Kazakh tenge by 13-fold. The overall share of the trading volume now attributable to ‘friendly’ currencies
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