• 11/25/2024

US-sanctioned Russian bank CEO hails yuan use while decrying US dollar weaponisation

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

VTB Bank’s Andrey Kostin warns that ‘it’s very dangerous to rely on America’, after Russia’s second-largest lender lost billions last year upon being cut off from the US dollar and euro.

https://www.scmp.com/economy/china-economy/article/3221946/us-sanctioned-russian-bank-ceo-hails-yuan-use-while-decrying-us-dollar-weaponisation?utm_source=rss_feed