Russian lawmaker predicts fate of US dollar

Russia will have no use for the US dollar in the foreseeable future, according to the head of the State Duma Financial Market Committee, Anatoly Aksakov.The bond-payment method mirrors the ruble schem…

Rouble stays near 7-yr peaks, OFZ bonds climb higher

On the bond market, productions on 10-year benchmark OFZ attractions , which move inversely with their prices, fell to 8.71%, their lowest since early 2020.The Russian rouble stabilized near seven-yea…

Russia sets rules for foreign debt payments

Afterwards, the Russian Finance Ministry said Moscow would pay its Eurobond obligations in its national currency, the ruble, if it were unable to pay in foreign currency, in order to defend its honor …

Russia needs ‘golden ruble’ – report

Analysts have also declare open a mechanism for working with cryptocurrencies for sanctioned institutions on crypto exchanges in friendly states, or the creation of a national crypto exchange to facil…

Wall Street stocks begin week on positive note

— AFP pic Tuesday, 21 Jun 2022 11:34 PM MYT NEW YORK, June 21 — New York assets opened trading today on the upswing, as capitalists rub off recession and pandemic terrors to capitalise on low pric…

The Russian ruble keeps rising, hitting a seven-year high.

Since collapsing in the weeks after Russia’s penetration of Ukraine, which triggered sweeping international sanctions aimed at crippling the Russian economy, the ruble has come roaring back.At the s…

Ruble rally continues to defy sanctions

Russian exporters sell foreign currency to pay taxes in rubles at the extremity of June.The Russian currency strengthens to a fresh seven-year high against the US dollar and the euro The Russian ruble…

Putin Is Winning the Currency War

This is the start of a multiyear cattle market that will at least double current stages—act the ruble back to its 2008 high.Russian President Vladimir Putin and Dmitry Artyukhov, the politician of R…

Ruble hits 7-year high vs dollar

The polity believes that the Russian currency is too tough at the moment, with some officials suggesting weakening it to between 70 and 80 rubles per dollar.The Central Bank and the Audit Chamber, how…

Russia assesses results of recovery from sanctions

Speaking at the Saint Petersburg International Economic Forum, Putin said predictions about the collapse of the ruble and the Russian economy were part of a message war against Moscow, aimed at psycho…