Trading within a Russia-led regional organization has effectively moved away from the U.S. dollar, according to the deputy head of…
Browsing: Russia
Three integration unions with Russian participation, BRICS, SCO, and the EAEU, should adopt joint policies on the use of digital…
Russian President Vladimir Putin has stated that the decentralization of the finance system might benefit the global economy, allowing it…
Chinese President Xi Jinping has stated that China is ready to strengthen cooperation with Russia. The two nations reportedly want…
The larger portion of payments between Russia and China are now processed using the currencies of the two countries, Prime…
The chairman of Russia’s national economic development institution VEB.RF has urged China and Russia to speed up the establishment of…
Russian citizens and firms doing business abroad may soon be restricted in the amount of foreign currency they are allowed…
The share of the U.S. dollar usage for international payments has risen to 42.71% in April, despite the push of…
The Russian Federation is collaborating with partners to link payment systems alternative to the interbank messaging system SWIFT, a representative…
The process of de-dollarization has practically started, according to Russian Minister of Foreign Affairs Sergey Lavrov. Moscow’s top diplomat is…
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