Chinese Exporters Face Losses Amid Rouble Depreciation | World Business Watch | WION

The sharp depreciation of the Russian Rouble has created significant challenges for Chinese exporters. The Yuan-Rouble exchange rate jumped from 13.99 on November 22 to 15.61 on Thursday, before stabilizing at 14.91 on Friday. Simultaneously, the Rouble-dollar exchange rate fell by 8.5 percent, hitting a one-year low of 114.75. Watch in for more details!

#china #rouble #worldnews

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