Browsing Tag
Ruble
18 posts
Ruble Overtakes Dollar In Russia’s Trade With Asia
In a surprising new turn of events, Russia is now competing with the US dollar actively, challenging its…
Russia Signs $13.1 Billion Deals in Local Currencies
Russia has signed trade deals worth 1 trillion rubles (equivalent to $13.1 billion) in local currencies. This is…
De-Dollarization: 7 Global Deals That Shut Out the Dollar
De-dollarization efforts are, at the time of writing, gaining quite a bit of momentum across the globe as…
US Dollar Struggles While Ruble Rises 38%—Is a New Economic Order Coming?
The U.S. dollar vs Russian ruble relationship has dramatically shifted in 2025. At the time of writing, the…
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…