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China’s Yuan Settlements Jump to $214B in March as Russia, Iran Accelerate Dollar Exit

By Terence Zimwara | 2026-05-13 22:25:31 | 4 months ago

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Russia and Iran are accelerating their move away from the U.S.

dollar and toward the Chinese yuan as Western sanctions and geopolitical pressures deepen, according to a new report.

The Rise of the Petroyuan The global financial landscape is undergoing a tectonic shift as the conflict between the West and a growing coalition of sanctioned

keywords : Economics|China|Iran|Russia|USD|Yuan

sentiment : NEUTRAL

category data : ASIA | FIAT | MACROECONOMICS