Yuan payments soar as currency of last resort for Iran, Russia
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Source: Nikkei Asia
Published: 2026-05-04 04:37 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Asia, Europe, Iran, Ukraine/Russia, China, Trade & Sanctions, Business & Economy, Asia Pacific
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Snippet:
The yuan and the ruble have emerged as leading currencies for trade among U.S.-sanctioned Iran, Russia and China. © Reuters
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