Interview of BCSE Chairman of the Board Andrei Aukhimenia to Belarus Segodnya about trading Chinese yuan on BCSE platform
The Belarusian Currency and Stock Exchange (BCSE) observes a steady increase in trading in Chinese yuan directly on the exchange platform by enterprises in the real sector of the Belarusian economy.
“The demand for this exchange mechanism is confirmed by impressive growth: since its introduction in 2022, the total trading volume of the Belarusian ruble-Chinese yuan pair on BCSE has grown by 418 percent. The 2025 statistics are a logical conclusion to this trend and demonstrate the strengthening role of the yuan in the country’s financial system,” noted Andrei Aukhimenia, Chairman of the Board of the Belarusian Currency and Stock Exchange.
Incidentally, with a total trading volume of BYN 63 billion on the currency market, transactions in Chinese yuan amounted to BYN 14.2 billion, placing it second in overall turnover with a 22.5 percent share. This result demonstrates that the Chinese yuan has become an important and consistently used currency.
“Exporting and importing companies working with Chinese counterparties are increasingly choosing Chinese yuan settlements, largely due to the availability of an exchange-based mechanism for buying and selling Chinese yuan. This allows them to minimize costs, work with the current market rate, and eliminate the currency risks associated with using third currencies. Direct trading between the Belarusian ruble and the Chinese yuan has become an effective and transparent instrument for international settlements, directly contributing to the de-dollarization of mutual trade and strengthening the financial stability of our companies,” added Andrei Aukhimenia.
Experts note that working directly on BCSE guarantees absolute transparency, compliance with all regulatory requirements, and the security of settlement following trade results. BCSE acts as a reliable organizer, providing the best conditions for the meeting of supply and demand.
“We are not only observing an increase in trading volumes for the Belarusian ruble and Chinese yuan pair, but also an increase in the number of participating companies from various sectors of the economy – from mechanical engineering and the chemical industry to food suppliers. This trend clearly demonstrates that the agreements between Belarus and China on the transition to mutual settlements in national currencies are being successfully implemented. BCSE, for its part, has created and continues to develop the necessary technological and infrastructural foundation to ensure businesses in both countries can take advantage as conveniently as possible. Thus, the growing demand for the Chinese yuan directly reflects the strategic focus of Belarus and China on deepening economic cooperation. We expect that this trend will only intensify as markets integrate further and trade ties expand, concluded the Chairman of the Board of the Belarusian Currency and Stock Exchange.
Source: Belarus Segodnya
