Crypto Exchanges Bybit and Okx Drop Cards of Sanctioned Russian Banks
Cryptocurrency exchanges Bybit and Okx have discontinued assist for cost playing cards issued by sanctioned banks from Russia. The strikes observe within the footsteps of...
Volatility in Chinese Yuan, Russian Ruble Makes De-Dollarization Harder, Market Analyst Says
A market analyst says that the current decline and volatility within the Chinese yuan, the Russian ruble, and to a lesser extent the Argentine peso,...
Russian Ruble Plunges to 16-Month Low vs the US Dollar — Experts Cite Oil Price Cap
The Russian forex’s change price versus the U.S. greenback not too long ago dropped under RUB100 per dollar — its lowest in 16 months. Economists...
Putin Signs Digital Ruble Law Allowing CBDC Payments in Russia
President Vladimir Putin has signed into regulation a invoice on the introduction of the digital ruble within the Russian Federation. The new laws, which legalizes...
Russian Ruble Falls by Over 18% in 2023, Economist Says the Currency Has ‘Stabilized’
After the Russian foreign money touched a 12 months low versus the buck of almost 92 items for each greenback, economist Robin Brooks mentioned the...
Russia and China Carry Out Most Settlements in Yuan and Ruble, Russian PM Mikhail Mishustin Says
The bigger portion of funds between Russia and China are actually processed utilizing the currencies of the 2 nations, Prime Minister Mikhail Mishustin revealed. Moscow...
Russia and Iran Phasing Out US Dollar in Bilateral Trade Settlements
The governments of Russia and Iran are beginning to section out the utilization of the U.S. greenback to conduct bilateral commerce settlements. Russian Deputy Prime...
Russian Bank Issues Bank Guarantee in Chinese Yuan Using Blockchain
A financial institution in Russia has issued the nation’s first blockchain-based financial institution assure denominated in Chinese foreign money. The monetary establishment underscored some great...
Remittances to Low and Middle Income Countries in 2022 Up by 5% to $626 Billion — Latest World Bank Report
Despite the headwinds which have dominated the 12 months, remittances to low and middle-income nations in 2022 nonetheless grew by 5% to $626 billion, the...
S&P Global Report Says EU and UK Are in a Recession, Putin Thinks the West Is Greedy
Today’s blustery world financial system has everybody on edge as inflation has wreaked havoc on the wallets of odd folks and vitality costs proceed to...