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Russia Plans To Buy In RMB


Russian central bank first deputy governor said on Thursday, when China eased capital controls, Russia might buy RMB, in order to further realize the diversity of foreign exchange reserves. Russia is the largest foreign exchange reserves in the world, has begun to buy $third in this year, and intends to start buying dollars

Russian central Bank (Russia) somebody of first deputy governors Alexei Ulyukayev said Thursday that Russia may buy RMB, in order to further realize the diversity of foreign exchange reserves.

Ulyukayev at a London conference say, once China eased capital controls, Russia could start buying RMB.

Ulyukayev says, Russia has begun to buy $, and intend to start buying dollars for this year.

Currently Russia's largest foreign exchange reserves in the world third.

Forrest gump: don't JiYang said: "we are currently doing this, this is our priority priority." He revealed that the plan was launched by passed by duma central bank.

Moscow inter-bank foreign exchange vice President igor, said MaLiJi day of RMB and rubles listing for trading in years plan launched. It predicts this transaction tools prospect is good, because whether Russia's bank or Chinese bank has this aspect demand.

MaLiJi says so far, about 30 Banks to this trading tool expressing interest, which includes both Russia's bank, also including Chinese Banks in Russia branches.

Chinese vice commerce minister gao hucheng march meeting with Russia in Moscow industrial circles represent said, it suggested that in Russia, launch RMB exchange listing for trading in China exchange launched rubles listing for trading. Between the two countries and then this one problem to begin consultations, and soon reach an agreement

Russian central bank first deputy governor said on Thursday, when China eased capital controls, Russia might buy RMB, in order to further realize the diversity of foreign exchange reserves. Russia is the largest foreign exchange reserves in the world, has begun to buy $third in this year, and intends to start buying dollars

Russian central Bank (Russia) somebody of first deputy governors Alexei Ulyukayev said Thursday that Russia may buy RMB, in order to further realize the diversity of foreign exchange reserves.

Ulyukayev at a London conference say, once China eased capital controls, Russia could start buying RMB.




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Submitted 2011-01-25 00:49:40
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