The Central Bank of Russia expanded the list of currencies which can replenish banks' capital, now it includes the Chinese yuan, the Deputy Chief of Russia’s Central Bank, Mikhail Sukhov, said on the sidelines of the Russian Economic and Financial Forum in Switzerland.
"This is not an artificial measure, it's just withdrawal of discomfort for Chinese investors who want to invest in yuan," he noted. "It will take effect after the registration in the Ministry of Justice," Sukhov explained.
The Deputy Chief of the Central Bank also said that Chinese banks are interested in working in the Russian market, RIA Novosti reports.
