Supplosive banks will be able to suspend payments on business deposits in currency Sara Kurfess/Unsplash @ Last week, the Central Bank announced that he would work on accelerating the “natural process of devalization” in Russia and fight “toxic” dollar and the euro. Now the authorities moved from words to business: Vladimir Putin allowed Russian banks whose funds in the currency were frozen abroad, suspend operations with business in this currency before the abolition of restrictions.

The Chinese-American-Taurus exacerbation in connection with the visit of Nancy Pelosi can play into the hands of Russia, which is trying to make China its main ally in the fight against the Western world. First of all, in the economy - only an oriental neighbor can help Russia survive international trade isolation and sanctions. But how is China ready to do this? The first months of the war show: China helps Russia politically, but not economically at all.

The head of the pro-Russian administration of the Zaporozhye region, Evgeny Balitsky, signed an order to hold a referendum on joining Russia. Part of the Zaporozhye region, including the cities of Melitopol and Energodar, is under the control of Russian forces. They also control the Kherson region of Ukraine. Civil-military administrations were formed in these territories. They announced plans to hold referendums on joining Russia.

At the end of July, it became known that the Central Bank is preparing to cancel the exchange trading dollar and the euro in the case of the introduction of new sanctions. Because of this, non-financial companies and citizens may lose the opportunity to directly convert the currency on the exchange. The course in the case of sanctions will be established by quotes of the largest banks.

Russia's imports from China in July grew by almost a third and recovered to pre-war levels - up to $6.7 billion, writes Bloomberg with reference to Chinese customs statistics. Russia's exports to China, which grew sharply in May-June, remained almost at the level of June - $10 billion. The volume of trade between China and Russia in the first seven months of this year increased by 29% year on year, to $ 97.71 billion.

The share of the yuan in the volume of trading on the Moscow Exchange in July increased by 8 percentage points and approached 20%, and in monetary terms, the volume of yuan trading reached 890 billion rubles, Kommersant . calculated Back in January, the share of the yuan did not exceed 0.5%. For the entire month, the yuan lost to the euro (25% of trading volume), however, on some trading days, the Chinese currency was ahead of the European one.

In July, the yuan gained a foothold in third place in terms of the volume of foreign exchange trading on the Moscow Exchange and seriously claims to be second The share of the yuan in the volume of trading on the Moscow Exchange in July increased by 8 percentage points and approached 20%, and in monetary terms, the volume of yuan trading reached 890 billion rubles, Kommersant . calculated Back in January, the share of the yuan did not exceed 0.5%.

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