Yuan Outperforms Dollar Trading On Moscow Exchange

China's yuan outperformed the dollar in terms of trading volume on the Moscow Exchange for the first time on record, Russian media reported on Thursday.

"The yuan-ruble trading with payments tomorrow totaled 45.4 bln rubles ($756.9 million), while the dollar-ruble trading volume was 43.7 bln rubles ($730.2 million)," according to TASS news agency.

The volume of trading in the euro was 49.9 billion rubles ($833.9 million) at the same time.

The greenback lost 2% on a daily basis to 59.53 rubles on Thursday, while the yuan fell 2.08% to 8.77 rubles. -