Moscow and Brussels are eager on rapidly extending the usage of the ruble and the euro to bilateral funds, the Russian Finance Minister stated, after a gathering with the European Fee for Power Union’s vice-president. Learn ...

Russia and China took one other step away from the US greenback after the 2 nations agreed to develop bilateral commerce utilizing the ruble and the yuan. Learn Extra at mysouth.su ...

The US Commerce Division has proposed a brand new rule to impose anti-subsidy duties on merchandise from nations that Washington sees as undervaluing their currencies in opposition to the greenback to get a bonus in commerce. ...

Moscow and Tehran have “primarily” turned away from the dollar in bilateral commerce, and are utilizing the ruble and rial for funds, the Russian ambassador to the Islamic Republic has revealed. Learn Extra at mysouth.su ...

New Delhi and Abu Dhabi have inked a foreign money swap settlement to spice up commerce and funding with out involvement of a 3rd foreign money just like the US greenback. Learn Extra at mysouth.su ...

Russia has proposed that Argentina flip to funds in nationwide currencies for bilateral monetary transactions, in response to Russian Ambassador to the nation Dmitry Feoktistov. Buenos Aires is reportedly contemplating the thought. Learn Extra at mysouth.su ...

Moscow and Beijing are drafting a pact to extend the usage of the ruble and the yuan in bilateral and worldwide commerce. The international locations purpose to chop reliance on the US greenback to keep away ...

Russia’s Ministry of Financial Improvement stated on Thursday that Moscow and Beijing are engaged on an inter-governmental settlement to spice up using the ruble and yuan in mutual commerce settlements. Learn Extra at mysouth.su ...

Russian and British corporations may swap to settlements in rubles and kilos, abandoning US foreign money transactions, in case of political and financial necessity, stated Boris Abramov, Russian commerce consultant within the UK. Learn Extra at ...

The rising economies Russia and India, are interested by growing cooperation, which might lead to a larger commerce turnover and wider use of ruble and rupee in commerce. Learn Extra at mysouth.su ...