Dollar

MOSCOW - A recent report by the Central Bank of Russia indicated that the ruble and the euro are increasingly gaining ground in currency exchange with major trading partners. With…
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Any move to de-Dollarize an economy must be done through various means such as increasing purchases in gold, trading in local currencies and move towards virtual currency such as…
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MOSCOW - Russia has been accumulating bar gold in recent years in an attempt to ease its economy's dependence on the US dollar. Russia's international reserves reached $529 billion…
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WASHINGTON DC - US geopolitical opponents are implanting blockchain technology to combat American financial power, said the new report by the American Foundation for the Defense of…
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COPENHAGEN -  Jul 4, 2019 - The dollar may face a weakening in the second half of the year, economists at Danish investment bank Saxo Bank are forecasting with macroeconomic forecast.…
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In recent times, there is growing evidence that US allies are trying to weaken the hegemony of the dollar. In his Washington Post article, analyst Fareed Zakaria explained what lies…
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ST. PETERSBURG - President of Russia Vladimir Putin said today during his speech at the Economic Forum that is taking place in St. Petersburg that the role of the dollar as the global…
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In the first quarter of 2019, gold demand from central banks has peaked in the last six years. At the same time, more and more countries are reducing the share of the dollar in their…
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American analysts have finally understood why Russia and China are buying more and more gold: the goal of Moscow and Beijing is to change the rules in the global economy and put an end…
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RIYADH - If the US passes a bill that imposes sanctions on OPEC countries, Saudi Arabia may abandon dollar payments for oil sales. Last week, Reuters reported, citing its sources,…
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