Relevant Competitive Tests:
Which Country for the first time decide to use Yuan instead of dollars from its foreign reserves.
A. China
B. Pakistan
C. RussiaCorrect Answer
D. North Korea
Correct Option: C. Russia
Detailed Explanation & Reference:
Russia will use Chinese yuan from its foreign exchange reserves after Western sanctions blocked Moscow’s access to the U.S. dollars and euros in the reserves, Finance Minister Anton Siluanov said on Monday.
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