Tag: Russia

Russia may be in default, Moody’s says By Reuters

© Reuters. FILE PHOTO: A stop road sign is seen next to skyscrapers at Moscow International business centre, also known as "Moskva-City", in Moscow, Russia April 14, 2022. REUTERS/Maxim Shemetov By Guy Faulconbridge LONDON...

EU Bans Provision of High-Value Crypto Services to Russia in Latest Set of Sanctions

The European Union has banned the provision of high-value crypto-asset services to Russia in the latest round of sanctions following the country's invasion of Ukraine. In a press statement, the EU, under the...

Russia calls for integrating BRICS payment systems By Reuters

© Reuters. FILE PHOTO: Russian Finance Minister Anton Siluanov attends a meeting with members of the government in Moscow, Russia March 12, 2020. Sputnik/Dmitry Astakhov/Pool via REUTERS (Reuters) - Russia, hit by Western...

Russia relaxes rules on foreign exchange buying as rouble rallies By Reuters

© Reuters. FILE PHOTO: A view shows Russian rouble coins in this illustration picture taken March 25, 2021. REUTERS/Maxim Shemetov/Illustration/File Photo (Reuters) - Russia will relax temporary capital control measures aimed at limiting a...

Russia moves closer to gold standard and what it really means

Towards the end of March, Russia made a rather startling announcement that could have long term implications. It decided to set a new peg for the Rouble in terms of gold. The benchmark,...

Russia headed for recession, closed economic system regardless of rouble rebound, U.S. says By Reuters

© Reuters. Plastic letters organized to learn "Sanctions" are positioned in entrance the flag colours of U.S. and Russia on this illustration taken February 28, 2022. REUTERS/Dado Ruvic/Illustration By David Lawder and Andrea Shalal...
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