dollar

US warns India not to help Russia undermine dollar

A top US national security official has called on India to scale back its economic and military ties with Russia,…

2 years ago

Anti-Russia sanctions may weaken the US dollar – IMF

Sanctions against Russia could undermine the global dominance of the US dollar, according to Gita Gopinath, the first deputy managing…

2 years ago

Russia gives US dollar a SWIFT kick

The Indian government is reportedly considering Moscow’s proposal to turn to the Russian payment system, which allows direct rupee-ruble transfers…

2 years ago

Countries may cut dollar holdings after Russian reserves frozen – IMF

Global economies will be rethinking how safe it is to rely on the US dollar in their foreign currency holdings,…

2 years ago

Credibility of dollar and euro ‘destroyed’ – Putin

Russian President Vladimir Putin said on Wednesday that Western sanctions against his country have dealt a large blow to public…

2 years ago

Russia settles another dollar debt

Russia’s coupon payment on a sovereign bond maturing in 2029 has been processed by correspondent bank JPMorgan Chase, Reuters reported…

2 years ago

US dollar is ‘a huge black hole,’ expert says

The United States has violated the major principles of the capitalist market economy and is poised to break the global…

2 years ago

India wants to bypass dollar to keep trading with Russia

India is in search of efficient tools to skirt around the latest penalties imposed on Russia over the conflict in…

2 years ago

The reason the US wants war in Ukraine is ultimately all about the dollar

For months now we’ve been hearing Washington ring alarm bells regarding what they have cited as an “imminent Russian invasion…

2 years ago

Russia reveals plans in case of cut-off from US dollar

Moscow is prepared for the possibility that harsh US sanctions could restrict its banks’ access to dollar transactions, the Kremlin…

2 years ago