De-dollarization in overdrive: Russia & China increase settlements in nationwide currencies to 25%
Posted 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. ...
China could also be ramping up de-dollarization by dumping US Treasuries, consultants say
Posted By Russian Opinion. Under RUSSIA Tags: China, dedollarization, dumping, experts, ramping, treasuries
Beijing could also be dashing up the diversification of its overseas change reserves away from US greenback property in response to Washington’s potential sanctions, the South China Morning Submit reported, citing analysts. ...
New knowledge from the Worldwide Financial Fund (IMF) present that the method of the shift away from the greenback normal resumed within the second quarter of the 12 months, with the share of the US forex in world reserves falling sharply. ...
SWIFT’s Iran ban will ‘expedite world de-dollarization’ – Max Keiser
Posted By Russian Opinion. Under Economy Tags: dedollarization, expedite, Global, Iran, Keiser, Swifts
The blacklisting of Iran from worldwide monetary messaging system SWIFT serves as a warning to Washington’s enemies, however will hasten the demise of the greenback, stockbroker-turned broadcaster Max Keiser advised RT. Learn Extra at ...
Sanctioning the sanctioners: De-dollarization & de-Americanization is an concept whose time’s come
Posted By Russian Opinion. Under IMPORTANT Tags: come, deAmericanization, dedollarization, idea, sanctioners, Sanctioning, times, whose
The imposition of sanctions on Washington by a world whose improvement is being grievously impeded by its brutal and asphyxiating hegemony is overdue. Learn Extra at mysouth.su
The Central Financial institution of Russia purchased over 92 tons of gold within the three months to the top of September breaking the Soviet peak of 2000 tons in gold reserves seen in 1941, in line ...