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Category ruble

3 Sectors Most Exposed to De-Dollarization: Do You Hold Them?

3 Sectors Most Exposed to De-Dollarization: Do You Hold Them?

The phenomenon of de-dollarization is as real as it gets. The event is not merely restricted to just…
SCO’s Tianjin Summit: 20+ Nations Embrace 80%+ Ruble-Yuan Trade Shift

SCO’s Tianjin Summit: 20+ Nations Embrace 80%+ Ruble-Yuan Trade Shift

SCO‘s Tianjin Summit is actually marking a pretty major moment right now, as over 20 nations are gathering to discuss an unprecedented ruble...
When Did De-Dollarization Truly Begin to Bite? A Brief Timeline

When Did De-Dollarization Truly Begin to Bite? A Brief Timeline

The United States has always exuded power and prestige in all possible ways. The American currency was deemed the world reserve asset, which again...
EAUE Shuns USD, Settles $112 Billion in National Currencies

EAUE Shuns USD, Settles $112 Billion in National Currencies

Two nations from the Eurasian Economic Union (EAEU) have settled trade worth 9 trillion rubles, equivalent to $112 billion. Payment settlements ha...
Ruble Overtakes Dollar In Russia’s Trade With Asia

Ruble Overtakes Dollar In Russia’s Trade With Asia

In a surprising new turn of events, Russia is now competing with the US dollar actively, challenging its…