By VTB chairman: Yuan to replace dollar as main reserve currency in future By Sputnik Published: May 25, 2023 10:55 AM Earlier, Russian Deputy Foreign Minister Andrei Rudenko said that the share of national currencies in settlements between Russia and China has been growing in recent years, with the process accelerating significantly in 2022. Chinese yuan may replace the US dollar as the world’s reserve and settlement currency in the next 10 years, the chairman of Russia’s VTB Bank, Andrei Kostin, said. “China is now the world’s second-largest economy and will soon become the first. There is every reason to expect…
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