Recent gains against the dollar mark a turnaround from earlier this year, when it fell to its weakest level in two decades.
In addition to the yuan, Russia's roughly $200 billion wealth fund could add Indian rupees and Turkish lira, the central bank said.
(Bloomberg) -- Russia is considering purchases of China’s yuan, India’s rupee and Turkey’s lira for its wealth fund under a budget mechanism that uses excess income from energy sales.Most Read from BloombergAuthor Salman Rushdie Stabbed on Lecture Stage in New YorkAnshu Jain, Deutsche Bank Chief in Trading Heyday, Dies at 59Extreme Heat Uncovers Lost Villages, Ancient Ruins and ShipwrecksTrump Calls for Release of Warrant Documents Used in SearchThe Fed’s Damage to the Housing Market May Last Ye
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