The Chinese yuan/Russian ruble currency pair with settlement “tomorrow” (settlement mode _TOM) set a record of daily trading turnover at the Moscow Exchange.

At the trading on Monday, April 11, the volume of currency transactions reached 25.18 billion rubles. – This is the maximum level since the start of trading in yuan on the site, RBC writes.

The growth in the volume of transactions on the currency market with yuan began from the end of February 2022. At the end of trading on February 28, the turnover of the Chinese yuan/Russian ruble pair was 1.2 billion rubles, and two weeks later it rose to 12.4 billion rubles. During this time, the yuan exchange rate increased from 16.5 to 17.9 rubles.

On March 9, the yuan exchange rate reached its maximum, rising to Rb 23.01. Since then, it has been gradually adjusting.