Tag: Ruble

What’s Driving US Greenback Power In opposition to Euro, Ruble and Yuan?

The greenback is being supported by robust financial information from the US, in addition to the continuing rate of interest hike cycle. The euro is being weighed down by considerations concerning the European Central...

Russia Indefinitely Delays Digital Ruble Pilot

Russia has delayed its deliberate central financial institution digital foreign money (CBDC) rollout with out offering any additional timeline. The testing of the digital ruble was scheduled to start out on 1 April. In...

Ruble Eases off Highs as Russian Central Bank Cuts Key Rate to 11% Vs 14% By Investing.com

© Reuters. By Geoffrey Smith Investing.com -- The eased off a four-year high on Thursday, the Russian central bank cut its by three percentage points to 11% and flagged the possibility of...

Russia Will Backstop The Ruble With Gold

Now that Russia has come proper out and mentioned it would solely transact in Rubles when promoting oil to “unfriendly” nations, I’m anticipating gold to be the following secure haven for the nation...

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