Russia, China lift restrictions on trade in rubles and yuans
Russia and China have lifted restrictions on trade in the rubles and the yuan in a bid to boost bilateral trade and economic cooperation, following the results of a meeting between Russian Prime Minister Vladimir Putin and his Chinese counterpart Wen Jiabao on Tuesday.
CHINA will allow the yuan to trade in a wider daily range against the US dollar beginning on Monday, taking another major but widely-anticipated step to further liberalise its exchange-rate regime and make its currency more market-oriented.