The dollar gave way to the yuan as the leader of the Russian foreign exchange market

| Stepan YatskoThe Chinese yuan in February this year became the most popular currency on the Russian stock exchange, traded with “tomorrow” deliveries, writes Yakutsk.ru with reference to “Kommersant” .Russia’s foreign exchange market has undergone significant changes over the past winter month. According to available information, sales of yuan on the stock exchange exceeded January’s results by a third, exceeding the mark of 1.48 trillion rubles. Thus, analysts noted, the Chinese national currency has surpassed the dollar in this indicator.In February last year, the US currency dominated the Russian forex market, the volume of sales of which accounted for 87.6% of the total number of transactions. However, this year, the dollar has lost its dominant role in favor of the yuan.