Bank of Russia sells $59 mln yuan with March 10 settlements

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Detected: Updated: Analyzed:

Finance Trade Geopolitics Monetary Policy

Reported Facts

Observable data points shared across all narratives

•The Bank of Russia sold yuan worth $59 million with settlements on March 10, 2026.
•A subsequent sale of yuan worth $58.2 million settled on March 11, 2026.
•These transactions are part of Russia's foreign exchange operations involving the Chinese yuan.

What Could Happen If...

▸The Bank of Russia continues to sell yuan in similar volumes Russia's yuan reserves could decrease, potentially affecting trade and financial dealings with China.

Key Actors

Countries

🌍People's Republic of China 🌍Russian Federation

Instruments

📈Chinese yuan

Organizations

🏛Bank of Russia

Source Coverage

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Signals

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Primary Sources (2)

RUTASS (EN)Bank of Russia sells yuan worth $58.2 mln with settlements on March 11 RUTASS (EN)Bank of Russia sells yuan worth $59 mln with settlements on March 10

The Bank of Russia sold yuan valued at approximately $58.2 million, with settlements on March 11, 2026. This transaction is part of Russia's ongoing management of its foreign currency reserves, affecting its holdings of the Chinese yuan. Such sales can influence Russia's currency reserve composition and its financial interactions with China.