Russian President Vladimir Putin (L) and Chinese President Xi Jinping before a family photo session at G20 summit on June 28, 2019 in Osaka, Japan.
Russian President Vladimir Putin and Chinese President Xi Jinping.
  • The Russian economy increased its dependence on China as the yuan becomes more prevalent.
  • Russians bought 41.9 billion rubles worth of the yuan in March, the central bank said.
  • That's more than triple the 11.6 billion rubles worth that was purchased in February.

The Russian economy is increasingly linked to China's as the yuan becomes more prominent amid Western sanctions on Moscow.

Russians bought 41.9 billion rubles worth of China's currency last month, more than triple the 11.6 billion rubles worth purchased in February, Russia's central bank said on Monday.