Goldman Sachs analysts have named the Russian ruble as certainly one of their three prime picks for rising market currencies to again as soon as the panic over the coronavirus pandemic eases. ...

The Russian commerce minister has referred to as on the members of the BRICS commerce alliance to extend the amount of settlements in nationwide currencies to be extra impartial from Washington’s insurance policies. ...

With the variety of non-dollar offers rising, Moscow and Brussels are discussing methods to spice up the amount of settlements in euros or rubles, says Russia's envoy to the EU Vladimir Chizhov. ...

The US Federal Reserve together with different world central banks have been hinting about issuing their very own digital currencies, which may turn into “one of many worst monetary concepts of current occasions.” ...

Russia desires to scale back the US greenback share in its Nationwide Wealth Fund, because it appears to put money into the Chinese language yuan and different foreign currency echange, Deputy Finance Minister Vladimir Kolychev has introduced. ...

The actual driver behind the rise of gold costs is the world’s central banks’ shopping for spree, says Peter Schiff of Euro Pacific Capital. ...

A world battle with “unpredictable penalties” could possibly be triggered by additional depreciation of nationwide currencies, the US-China commerce battle and US sanctions towards oil producers, the top of Russia’s largest oil firm mentioned. ...

Moscow and Ankara inked an settlement on utilizing Russian rubles and Turkish lira in mutual funds and settlements, the Russian Finance Ministry introduced on Tuesday. ...

As cryptocurrencies proceed to develop on the worldwide cost house, governments internationally are looking for to evaluate and mitigate the perceived dangers in utilizing them. ...

Russia is not going to take out loans in US for the rest of this 12 months and the entire of 2020, turning as a substitute to the yuan and euro, in response to the Finance Ministry. ...