US Dollar – Page 25 – THE OVAL CIRCLE

Russia Continues De-Dollarisation as Brussels Considers Creating Pan-EU Payment System

Posted on November 17, 2019November 17, 2019By Editor

Last month, Russia reportedly lost $7.7 billion in foreign exchange reserves after it decided to replace the American currency with euros, yuan and gold. … Read More >Russia Continues De-Dollarisation as Brussels Considers Creating Pan-EU Payment System

Phasing out the dollar: BRICS countries setting up own payment network to cut dependence on Western financial system

Posted on November 15, 2019November 15, 2019By Editor

In past five years, Russia has almost halved its foreign trade payments in US currency, from 92 to 50 percent, said the CEO of Russian Direct Investment Fund (RDIF) … Read More >Phasing out the dollar: BRICS countries setting up own payment network to cut dependence on Western financial system

‘We are the vaccine against unilateralism’: Non-Aligned Movement gathers in Venezuela to resist dictatorship of dollar

Posted on November 14, 2019November 14, 2019By Editor

Late in the evening on July 19, Iranian Foreign Minister Javad Zarif stepped out of a plane and met his Venezuelan counterpart, Jorge Arreaza, on the tarmac outside Caracas with an enthusiastic embrace. … Read More >‘We are the vaccine against unilateralism’: Non-Aligned Movement gathers in Venezuela to resist dictatorship of dollar

People should ditch dollar, fiat currencies in general & buy gold which is ‘a real safe haven’ – Peter Schiff tells Boom Bust

Posted on November 12, 2019November 12, 2019By Editor

The real driver behind the rise of gold prices is the world’s central banks’ buying spree, says Peter Schiff of Euro Pacific Capital. … Read More >People should ditch dollar, fiat currencies in general & buy gold which is ‘a real safe haven’ – Peter Schiff tells Boom Bust

China’s gold-backed crypto looming as ‘Pearl Harbor type event’ for US dollar in 2020 – Keiser Report

Posted on November 12, 2019November 12, 2019By Editor

There are two economies in the United States, says RT’s Keiser Report, the real economy, where the 99 percent live, and the one-percent economy, where bankers and the corporate elite live. … Read More >China’s gold-backed crypto looming as ‘Pearl Harbor type event’ for US dollar in 2020 – Keiser Report

Nearly 1/3 Americans Believe US Dollar is Still Backed by Gold – Study

Posted on November 3, 2019November 3, 2019By Editor

29.3 percent of Americans still believe that the US dollar is backed by gold, a new study published by Hong Kong-based cryptocurrency company Genesis Mining has found, cryptocurrency news website CryptoCoinsNews has reported. … Read More >Nearly 1/3 Americans Believe US Dollar is Still Backed by Gold – Study

‘Sawing off the branch it’s sitting on’: US has itself to blame for dollar collapse – Keiser Report

Posted on October 31, 2019October 31, 2019By Editor

While the United States is sanctioning countries and causing them to shift away from the dollar, Russia and China continue boosting trade and their gold reserves, says Dmitry Orlov of popular Club Orlov blog. … Read More >‘Sawing off the branch it’s sitting on’: US has itself to blame for dollar collapse – Keiser Report

A ‘growing club’ of ‘very powerful countries’ is shifting away from the US dollar – think tank

Posted on October 31, 2019October 31, 2019By Editor

The US dollar’s status as the world’s major reserve currency, which it held for decades, could come under threat, according to Anne Korin from the Institute for the Analysis of Global Security. … Read More >A ‘growing club’ of ‘very powerful countries’ is shifting away from the US dollar – think tank

Business Russia

Russia mulls using yuan & euro instead of US dollar for external loans in 2020

Posted on October 19, 2019October 19, 2019By Editor

Further turning away from the greenback, Russia is eyeing the yuan and the euro as currencies for Eurobonds next year, … Read More >Russia mulls using yuan & euro instead of US dollar for external loans in 2020

Business Russia

‘Our currency’s stable, why not use it?’ Russia looks to ditch US dollar for exchanges in rubles & euro in energy exports

Posted on October 14, 2019October 14, 2019By Editor

Russia is planning to abandon the US dollar in favor of euro and rubles for currency settlements in global energy transactions in order to minimize reliance on the American currency. … Read More >‘Our currency’s stable, why not use it?’ Russia looks to ditch US dollar for exchanges in rubles & euro in energy exports