Russia to halve Chinese yuan sales in July

ST. PETERSBURG, July 5 (Xinhua) -- Russia's Ministry of Finance will sell 34.9 billion rubles (about 385 million U.S. dollars) worth of Chinese yuan between July 7 and Aug. 4, the ministry said Wednesday on its website.

The ministry had planned to sell 74.6 billion roubles (822 million U.S. dollars) worth of Chinese currency yuan for the previous month, which means the volume of yuan sales in July would more tha