Currencies – Page 7 – THE OVAL CIRCLE

Russia explains gas for rubles switch

Posted on April 26, 2022April 26, 2022By Editor

The new mechanism provides payment guarantees for Moscow, Foreign Minister Sergey Lavrov says. … Read More >Russia explains gas for rubles switch

EU issues guidelines for gas payments in rubles

Posted on April 23, 2022April 23, 2022By Editor

Companies could pay in euros or dollars through a Gazprombank account, Brussels says. … Read More >EU issues guidelines for gas payments in rubles

Ruble rallies amid easing of capital controls

Posted on April 23, 2022April 23, 2022By Editor

The Russian currency strengthens further against the euro and US dollar. … Read More >Ruble rallies amid easing of capital controls

‘Sanctions games’ weaken dollar and euro – Kremlin

Posted on April 5, 2022April 5, 2022By Editor

The switch to national currencies in cross-border settlements has begun and there is no stopping it, Russian president’s spokespman says. … Read More >‘Sanctions games’ weaken dollar and euro – Kremlin

Russia

Credibility of dollar and euro ‘destroyed’ – Putin

Posted on April 3, 2022April 3, 2022By Editor

Moscow will use rubles in gas deals with “hostile” countries, the Russian president says. … Read More >Credibility of dollar and euro ‘destroyed’ – Putin

‘New world financial order’ is coming – Moscow

Posted on April 3, 2022April 3, 2022By Editor

The US and EU have “tarnished their reputation” by freezing Russia’s central bank reserves, ex-President Dmitry Medvedev has said. … Read More >‘New world financial order’ is coming – Moscow

India ready to bypass dollar in trade with Russia

Posted on March 31, 2022March 31, 2022By Editor

A mechanism allowing the switch to domestic currencies is expected to be operational this week. … Read More >India ready to bypass dollar in trade with Russia

Ruble flexes muscle as Russia trailblazes new economic path

Posted on March 31, 2022March 31, 2022By Editor

Currency has soared by 50% since sanctions collapse . … Read More >Ruble flexes muscle as Russia trailblazes new economic path

World

Scoop: India Okays Russian Firms’ Investments in Debt Securities Activating Rupee-Ruble Transactions

Posted on March 25, 2022March 25, 2022By Editor

The Indian government is expected to formally announce a rupee-ruble payment arrangement next week to allow trade with Russia, bypassing US sanctions. The US and EU members have imposed sanctions on Russian financial institutions in response to Moscow’s special military operation in Ukraine. … Read More >Scoop: India Okays Russian Firms’ Investments in Debt Securities Activating Rupee-Ruble Transactions

US dollar is ‘a huge black hole,’ expert says

Posted on March 20, 2022March 20, 2022By Editor

The greenback threatens to swallow the wealth of both countries and individuals, according to Wang Zaibang . … Read More >US dollar is ‘a huge black hole,’ expert says