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. ...

Russia has almost halved the share of the US greenback in commerce with India and China and continued to cut back the usage of the buck in offers with the EU, sticking to its pledge to ...

Russia and one of many greatest importers of its weapons, India, have determined to make use of their nationwide currencies to switch funds for enormous protection offers with a view to skirt doable US sanctions, in ...

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 ...