CURRENCY



Expert: it is necessary to accelerate creation of modern digital SWIFT analogue

... share of settlements in national currencies, in Russian Roubles and Chinese ... payment system based on digital currencies and blockchain. Moving away from ... organise instant settlements in national currencies, so that each country does ... not know any other currencies besides national ones. Moreover, in ...

09.04.2024
BRICS , currency , finance

Zimbabwe introduces new currency due to financial problems

Zimbabwe will introduce a new currency to replace its previous one, ... new measure will stop a currency crisis that is exacerbating the ... . John Mushayavanhu said the new currency will be called ZiG, and ... and a basket of foreign currencies. It goes into effect on ...

08.04.2024
Zimbabwe , currency , money

Mezentsev: Union State single currency is not on agenda; the use of national currencies needs to be improved

The issue of a single currency within the Union State is ... improve the use of national currencies in the bilateral liaisons – as ... of mutual trade in national currencies has been achieved, and actually ... the issue of a single currency is not on the table ...

31.01.2024
Mezentsev , Belarus , Russia , Union State , currency

Logvinov: SCO members increasing share of national currencies in mutual settlements

... increase the share of national currencies in mutual payments – as stated ... increase the share of national currencies in mutual settlements [between countries ... the differences in legislation on currency regulation, identifying limiting factors and ... trade are made in national currencies. He is confident that the ...

15.12.2023
SCO , Logvinov , currency

Poll: majority of Poles against Euro introduction by new Cabinet

... to introduce the single European currency in the country, another 21 ...

30.11.2023
poland , eu , currency , euro

Opinion: Western countries’ policies lead to collapse of their economies and degradation of financial systems

... introduction of payments in national currencies between its members instead of ... and the volatility of national currency exchange rates. Many countries are ... switching to payments in national currencies, but this process is not ... real-time settlements in national currencies. In order to avoid the ... risks of fluctuations in national currencies, banks of the member countries ... this centre, pay in national currencies and receive payment for goods ... in their own currency. In fact, business entities ...

02.10.2023
Opinion , Kovalev , policy , West , currency

African representative: BRICS needs to develop its own currency

... need to develop their own currency for trading within the bloc ... said, “We need a new currency that will be beneficial to ... to the politician, the new currency will help strengthen trade ties ... creation of a single BRICS currency had not been discussed by ...

15.09.2023
south african republic , BRICS , currency

EEC expects introduction of new world currency based on international agreement

... expect that a new world currency will be introduced on the ...

15.06.2023
Glazyev , currency , International Economic Forum , eec

US Treasury admitted sanctions motivated countries to look for alternatives to US Dollar

... US Dollar as a reserve currency.

14.06.2023
US , currency , US Dollar

Opinion: regional currencies pushing Dollar back

... interested in strengthening its national currency, so the income of the ... – everyone is silent. The US currency is also called the petrodollar ... , Beijing has produced the first currency blow for Washington: for the ... to mutual settlements in national currencies. China is very well promoting ... switching to trading in national currencies,” Mr. Bainev added. The use ... of other currencies in international trade will inevitably ...

24.05.2023
Bainev , economy , currency

EAEU created all conditions to raise share of settlements in national currencies

... share of settlements in national currencies – as noted by the official ... share of settlements in national currencies have been created, including the ... expand the use of national currencies in mutual settlements, the impact ... share of payments in national currencies in mutual settlements amounted to ...

20.07.2022
EAEU , currency

Medvedev believes BRICS could create its own reserve currency

... and US Dollars to national currencies. This opinion, against the backdrop ... through the use of national currencies – the Russian Rouble, the Chinese ... creation of a new reserve currency of BRICS countries is also ...

13.07.2022
Medvedev , currency , BRICS

Japarov: EAEU needs to switch to stable settlement algorithms in national currencies

... forms of settlements in national currencies is an important aspect of ... regard, the use of national currencies in mutual settlements for goods ...

27.05.2022
japarov , eaeu , currency

EAEU currencies no worse than Dollars or Euros

... to the official, the national currencies of the EAEU member states ... to the use of national currencies not only in mutual trade ... foreign trade – widely. Actually, our currencies are no worse than Western ... ; In addition, the EAEU national currencies are supported by positive trade ... to the use of national currencies," Mr. Glazyev emphasised ...

20.05.2022
eec , eaeu , currency

Bloomberg: Russian Rouble is world’s best performing currency in 2022

... gas supplies in the national currency of the Russian Federation. " ...

13.05.2022
currency , dollar , russian rouble

German economist says Euro will collapse

... an alternative to the official currency – as stated by a German ... kill the Euro as a currency. “At this time, the European ...

21.04.2022
currency , opinion

IMF: world will move away from Dollar dominance

The system of international relations has entered a phase of transformation: it is moving towards a multipolar world and leaving behind the total dominance of US Dollars in a financial and economic sphere – as stated by the chief economist of the International Monetary Fund (IMF), Pierre-Olivier Gourinchas, TASS reports “We are moving along a path to a multipolar world. And this is simply reflecting an ascent of emerging markets in the global economy. So we know that, eventually, we will find ...

20.04.2022
dollar , currency , us

Dollar likely to lose its global dominance, economist says

... , it became the most dynamic currency in the world, and the ... gas in Russian Roubles, this currency is gaining an increasing weight ... exhausted itself as the only currency, and many governments have already ... with each other in national currencies, and most of them are ... will develop trade in national currencies – and this is a very ... is the world's reserve currency which enjoys a great demand ...

07.04.2022
dollar , currency

Expert names US main trump card in battle for world redistribution

... entangled the entire planet. This currency has become a measure of ... fact that – when exchanging other currencies for the US Dollar – we ... the status of a reserve currency can be lost. According to ...

01.04.2022
us , currency

American expert predicts Dollar collapse

... expert warned Americans, “If our currency is no longer a reserve ...

01.04.2022
usa , dollar , currency

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