Browsing Tag
Ruble
14 posts
BRICS: 2 Countries ‘Commit’ To Ditch the US Dollar
Russia is in talks with the new BRICS member Ethiopia to trade in local currencies and not the…
BRICS: 2 Countries Officially Abandon the US Dollar for Trade
BRICS members Russia and Iran announced that they have officially abandoned the US dollar for trade between the…
BRICS: Chinese Banks Rejecting 80% of Payments Made in Russian Ruble
BRICS member China has begun rejecting about 80% of all payments made in the Russian ruble, reported media…
Chinese Yuan Threatens To Uproot the US Dollar
The US dollar remains unfazed by the rising antics of multipolar currencies. However, that does not change the…
What De-Dollarization? US Dollar Bulldozes BRICS Currencies
The BRICS alliance kick-started the de-dollarization agenda to pull the US dollar down from the global reserve status…
BRICS: Russia to Test Digital Ruble For Citizens & Businesses
BRICS member Russia is discussing implementing ideas of a Central Bank Digital Currency (CBDC) for the ruble to…
Currency: Russia Is Weaponizing Gold To End US Dollar Supremacy
Russia is deploying aggressive mechanisms to achieve global dominance. The country’s latest agenda seems to be jeopardizing the…
BRICS: Russia Settles 85% Trade in Local Currency, Sidelines US Dollar
BRICS member Russia is bypassing the US dollar and strengthening its native economy by accepting the local currency,…
BRICS: Russian Currency Outperforms the US Dollar Despite Sanctions
The Russian ruble is outperforming the US dollar in November this month despite facing economic sanctions from the…
BRICS: Russia Pausing US Dollar Exchange Pays Off, Ruble Outshines USD
In what can be called an unprecedented gamble, the Central Bank of Russia pausing the US dollar exchange…