The latest report released on the website of the Russian Central Bank on the 8th shows that the structure of the Russian foreign exchange market continues to change, with the share of the Chinese yuan in foreign exchange transactions rising from 39.8% in June to 44% in July, reaching a new high. TASS reported that according to the financial market risk assessment report released by the Russian Central Bank, the share of major Western currencies such as the US dollar and euro in the Russian foreign exchange market decreased from 58.8% in June to 54.4% in July. In over-the-counter trading, the share of the Chinese yuan increased from 18.4% in June to 19.2% in July. The report shows that the total trading volume of the Russian foreign exchange market increased to 8.2 trillion rubles (approximately 97 rubles per US dollar) in July, a slight increase from June. According to data from the Moscow Stock Exchange, in February this year, the Chinese yuan surpassed the US dollar for the first time, becoming the exchange's largest monthly trading currency. In 2022, foreign currencies such as the US dollar and euro declined in Russia, while the renminbi is becoming one of the most popular foreign currencies in Russia. (New News Agency)