China ' s economic gambit could nuke Putin ' s dollar ploy

Economists call it the "nuclear" option but speculation that China might devalue its currency the yuan (RMB) could cause fallout for Russia as President Vladimir Putin pushes to move the global economy away from its reliance on the U.S. dollar. Putin told the BRICS (Brazil, Russia, India, China,…#vladimirputin #brics #brazil #southafrica #moscow #ukraine #peoplebankofchina #jayzagorsky #bostonuniversity #nonus
Source: Reuters: Health - Category: Consumer Health News Source Type: news