Myanmar says it wants to broaden its use of the Chinese yuan and Russian rouble to lessen its dependence on the US dollar. Photo: Reuters
Myanmar says it wants to broaden its use of the Chinese yuan and Russian rouble to lessen its dependence on the US dollar. Photo: Reuters
Myanmar

Myanmar eyes Chinese yuan, Russian rouble to replace US dollar that’s being used ‘to bully smaller nations’

  • Myanmar junta chief Min Aung Hlaing discussed replacing use of the US dollar during a meeting with Russia’s Vladimir Putin
  • Options include the Chinese yuan, Russian rouble and Indian rupee ‘as well as the barter system’, a spokesman for Myanmar’s military government said