Categories Business China takes new measure to promote de-dollarization Posted on Posted onJanuary 11, 2023January 11, 2023By Editor Beijing extends hours for onshore yuan trading. … Read More >China takes new measure to promote de-dollarization
Categories Business Russia and India will ditch dollar and euro in trade – Russian Foreign Ministry Posted on Posted onDecember 22, 2022December 22, 2022By Editor The two countries have launched a mechanism for mutual settlements in national currencies. … Read More >Russia and India will ditch dollar and euro in trade – Russian Foreign Ministry
Categories Business Russia-led trade bloc will soon stop using dollar – Lavrov Posted on Posted onDecember 15, 2022December 15, 2022By Editor EEU members are boosting settlements in national currencies and only use the greenback in statistics “out of habit,” the foreign minister says. … Read More >Russia-led trade bloc will soon stop using dollar – Lavrov
Categories Business Russian Central Bank reveals shift away from dollar and euro Posted on Posted onDecember 7, 2022By Editor Half of the country’s external transactions are now being made in other currencies. … Read More >Russian Central Bank reveals shift away from dollar and euro
Categories Business West African country ditches dollar in oil trade Posted on Posted onNovember 27, 2022November 27, 2022By Editor Ghana will buy crude with gold instead of the US currency. … Read More >West African country ditches dollar in oil trade
Categories Business Russia wants to decouple national-currency trade from dollar – RBK Posted on Posted onNovember 20, 2022November 20, 2022By Editor The exchange rate for transactions with ‘friendly’ countries is still calculated through the greenback. … Read More >Russia wants to decouple national-currency trade from dollar – RBK
Categories Business Russia and China to abandon dollar in energy trade – Moscow Posted on Posted onNovember 18, 2022November 18, 2022By Editor The two nations have been promoting settlements in their national currencies. … Read More >Russia and China to abandon dollar in energy trade – Moscow
Categories Business Ex-Wall Street banker predicts dollar’s demise Posted on Posted onNovember 10, 2022November 10, 2022By Editor The greenback’s dominance will gradually wane, Lawrence McDonald says. … Read More >Ex-Wall Street banker predicts dollar’s demise
Categories Business US discredited dollar by weaponizing it – Putin Posted on Posted onOctober 29, 2022October 29, 2022By Editor Trade in national currencies will soon dominate globally, Russian leader predicts. … Read More >US discredited dollar by weaponizing it – Putin
Categories Business Russia’s move away from dollar ‘irreversible’ – leading banker Posted on Posted onOctober 29, 2022October 29, 2022By Editor Andrei Kostin says the country’s foreign trade has shifted to settlement in national currencies. … Read More >Russia’s move away from dollar ‘irreversible’ – leading banker