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The U.S. has employed economic sanctions on Russia and Iran in hopes of crippling them financially, making it more difficult for them to compete for influence in the region. However,…
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WASHINGTON DC - Cryptocurrencies and national currencies are real threats to the dollar's hegemony in international financial transactions, experts say. After World War II, national…
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MOSCOW - Russia may soon take Saudi Arabia's fourth place in foreign exchange reserves, reports Bloomberg. Applying a policy of freeing up dollar-denominated assets due to US…
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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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WASHINGTON DC - Statements by the head of the US Federal Reserve System (FRS), Jerome Powell , expressed concern over the uncertainty surrounding trade conflicts and lowered the dollar…
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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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MOSCOW - While an agreement on payments in national currencies was signed between Beijing and Moscow, Europe has launched a mechanism that allows trade with Iran to ignore US sanctions:…
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MOSCOW - The share of yuan-denominated assets in Russia's international reserves rose last year to about 15 percent, Russian Finance Minister Anton Siluanov said. "Last year, we…
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MOSCOW - Russian Finance Minister Anton Siluanov and Chinese People's Bank governor Yi Gang on June 5 signed an intergovernmental agreement to use ruble and yuan in mutual payments.…
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MOSCOW - Amid its policy of dedollarization, in April 2019 the Russian Central Bank got rid of $1.6 billion of US government bonds, reducing its investments in that asset by about 87…
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