The Russian ruble gained ground against major currencies on Monday, edging above 94 rubles to the US dollar for the…
Traditional reserve currencies like the US dollar and the euro have lost their credibility as a basis for international settlements,…
Russia and India don’t need the US dollar in trade, having turned to national currencies to conduct mutual settlements, BRICS…
The euro fell below parity with the US dollar for the second time in just over a month on Monday…
The globe’s top reserve currencies, the US dollar and euro, have become “toxic” for Russia, Finance Minister Anton Siluanov said…
The Russian ruble reached a four-year high on the US dollar and a seven-year high against the Euro on Friday.…
Russia should increase settlements in national currencies with partner countries, Denis Manturov, head of the Russian Ministry of Industry and…
Bank of Russia Governor Elvira Nabiullina says Russia holds enough yuan and gold in its reserves to limit the impact…
The US dollar is dealing with some of the same challenges that the British pound faced in the early 1900s,…
The prestige of the US dollar and the euro has been “greatly shaken” by anti-Russia sanctions, which now drive more…