SOURCE / ECONOMY
Chinese yuan becomes most traded foreign currency on the Moscow Exchange, surpasses the US dollar: report
By Global Times
The Chinese yuan became the most traded currency on the Moscow Exchange for the first time on Monday, with trading turnover in the yuan-ruble pair reaching 70.3 billion rubles ($1.17 billion), surpassing the 68.2 billion rubles for the dollar-ruble pair, according to a report from Russian informational agency RosBiznesConsulting (RBC) on Wednesday.
The report said a total of 64,900 transactions were made using the yuan-ruble pair, compared with 29,500 for the dollar-ruble pair on the same day. The yuan also overtook trading in the euro-ruble pair, which recorded a trading volume of 47.5 billion rubles.
The popular status of the Chinese yuan on the Moscow Exchange remained unchanged on Tuesday, with volume of trading for the yuan-ruble pair reaching 63.9 billion rubles (in total 46,000 transactions), and that of the dollar-ruble pair standing at 59.4 billion rubles (21,500 transactions) as of close, according to a report from China Central Television on Wednesday.
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Ghana is interested in purchasing a floating nuclear power plant from Russia, Ghanaian Ambassador to Russian Koma Steem Jehu-Appiah told Sputnik.
"I know that our minister of energy was here last year and signed a corresponding agreement. I think this is innovative, and in a conversation with the minister of energy, he said that the country is interested.
So, Ghana could purchase such a nuclear power plant," the diplomat said when asked about the possibility of Ghana purchasing a floating nuclear power plant.
Russia and Ghana began cooperation in the field of nuclear energy after signing an intergovernmental agreement in 2015.
The agreement outlined plans for joint work in the areas of training specialists, building nuclear power plants and related infrastructure, and providing maintenance services. In October 2023, representatives of Rosatom met with the Ghanaian Ministry of Energy in Cape Town. At the meeting, Russia proposed using floating nuclear power plants to supply power to ...
