De-dollarization in overdrive: Russia & China increase settlements in nationwide currencies to 25%
Posted On Sunday, January 3, 2021 By Russian Opinion. Under Economy Tags: boost, China, currencies, dedollarization, National, overdrive, Russia, settlements
Moscow and Beijing have ramped up the share of settlements in nationwide currencies to 25 % this yr in opposition to a modest two % recorded seven years in the past, in keeping with the Russian Ambassador to China Andrey Denisov. ...
Digital currencies could problem SWIFT world fee community, says Russian central financial institution
Posted On Saturday, December 26, 2020 By Russian Opinion. Under Economy Tags: central, Challenge:, currencies, digital, Global, network, PAYMENT, Russian, says, swift, банк
The event of digital currencies could problem the SWIFT worldwide banking fee system and will ultimately make it redundant, the Central Financial institution of Russia (CBR) has mentioned. ...
Switching from the US greenback to commerce in nationwide currencies is likely one of the most potential areas of cooperation for the Shanghai Cooperation Group (SCO), based on Russian Prime Minister Mikhail Mishustin. ...
Russian ruble is likely one of the most tasty rising market currencies in post-pandemic world – Goldman Sachs
Posted On Monday, September 28, 2020 By Russian Opinion. Under Economy Tags: attractive, currencies, emerging, Goldman, Market, Most, postpandemic, ruble, Russian, Sachs, World
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. ...
Russia calls on fellow BRICS nations to DUMP US DOLLAR in favor of commerce in nationwide currencies
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. ...
Russia & EU on path to chop out the greenback by boosting settlements in nationwide currencies
Posted On Wednesday, February 12, 2020 By Russian Opinion. Under Economy Tags: Boosting, currencies, Dollar, National, path, Russia, settlements
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. ...
Weakening nationwide currencies can result in international foreign money battle – Rosneft chief
Posted On Monday, October 28, 2019 By Russian Opinion. Under Economy Tags: Chief, currencies, currency, Global, lead, National, weakening, Роснефть
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. ...
