A senior Russian lawmaker disclosed on Monday that Russia plans to use the CBDC in mutual settlements with China after the country launches a digital rouble early next year, as it seeks to reduce the ...
Tag: rouble
Don’t trust Putin’s rouble price, say traders
Russia president Vladimir Putin roubles economy sanctions Ukraine – Mikhail Metzel Currency traders are shunning Russia’s local rouble exchange rate over fears of its crumbling credibility in a ...
EU admits rouble payments for Putin’s gas might not breach sanctions
Putin Russia sanctions energy gas payments roubles EU – JENS SCHLUETER / AFP The EU has admitted countries may be able to comply with Putin’s demand for gas payments in roubles without breaching...
CBDC in Russia: the digital rouble will soon be a reality
Following in China’s footsteps, Russia’s Central Bank has been developing the digital rouble for a few years now. Digital rouble, what is a CBDC? A new CBDC is coming, the digital ruble CBDCs, or Cen...
The First Financial War
Russian Prime Minister Vladimir Putin (C) holds a gold bar while visiting the Central Depository of … [+] the Bank of Russia next to Georgy Luntovsky (L), first deputy chief of the Central Bank ...
As The West Tightens Sanctions Against Russia, The Rouble Plummets To New Laws
The rouble fell to 119.50 per dollar in Asian trading, a record low for the economy and a steep 30 % drop from Friday’s close. Since then, it has recovered to around 110 cents per dollar. On Sun...