The country’s foreign currency exchange starts trading in the rial-ruble currency pair Iran’s official foreign currency exchange has listed the Russian currency and launched trading in the ruble/rial currency pair, the IRNA news agency reported on Tuesday.

Beijing’s holdings of US securities have dropped by nearly $100 billion in six months China’s holdings of US treasury securities dropped below $1 trillion in May for the first time in more than a decade, information released by the US Department of the Treasury shows. Official data is regularly published with a two-month delay.

A trip by Nancy Pelosi to Taiwan would have a “grave impact” on Beijing’s ties with Washington, the Foreign Ministry has said Beijing warned Washington that it would take “resolute and strong” measures should US House Speaker Nancy Pelosi visit Taiwan, China’s Foreign Ministry said on Tuesday.