Abstract. This article reviews changes in the usage of Russian and Chinese currencies in the Central Asia (CA) countries, which have happened under impact of geopolitical events of the last two years. The author has analysed penetration of both currencies in the sphere of trade payments, intergovernmental and commercial loans and in the official foreign exchange reserves of the CA countries. Based on the available statistics from these countries the author makes the following conclusions. The usage of the Rouble has definitely increased. It is especially visible in those countries of the CA, where restrictions for trans-border capital movements are minimal. Due to this expansion, position of the USA Dollar in the CA countries has been weakened, but not dramatically. A scale of the Renminbi penetration is not quite clear, but the most likely it is less than the usage of the Rouble. Chinese statistics show the dominance of the Renminbi in the country’s foreign trade, but we did not find corresponding inflow of the Renminbi in the statistics of the CA countries. In general, chances for the Rouble and the Renminbi to edge out the US Dollar more seriously are exist. However, the former is hindered from this by the instability of its exchange rate and the latter is hindered by informal capital restrictions still existing in China.