You Searched For "dollar vs ruble" and got 20 results
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1 min read
Russia's ruble hits the lowest level in a year against the dollar and the yuan
As a key Treasury license is set to expire this month, it could become a lot harder for Russia to t…
Jennifer Sor
4 mins read
Putin has spent years championing the idea of de-dollarization — but a new reality is setting in
The Russian president said the BRICS group is trying to resolve payment issues with national curren…
Huileng Tan
2 mins read
Putin's dollar problem is on clear display at the BRICS summit, starting with the moment guests land at the airport
Mastercard and Visa halted operations in Russia. Most Russian banks only take US dollars or euros t…
Huileng Tan
2 mins read
Russia adopts Chinese yuan-to-ruble as benchmark exchange rate after US sanctions force a further move away from the dollar
Russia's central bank said on Thursday that the currencies from "friendly countries" and the ruble …
Huileng Tan
3 mins read
The 4 forces that will challenge the dominance of the dollar, according to economic researchers
The dollar's dominance in financial markets has slipped, with the greenback accounting for less tha…
Jennifer Sor
2 mins read
Russia is considering a law to fine people thousands of dollars for promoting a 'child-free' lifestyle
Russian lawmakers are working on a law that would heavily fine people caught promoting childlessnes…
Joshua Nelken-Zitser
5 mins read
Countries from Russia to China are building payments systems that could threaten the dollar's global dominance
Cryptocurrencies, SWIFT alternatives, and even the barter system could reshape global payments amid…
Huileng Tan
1 min read
The ruble is gaining and is the world's best performing currency versus the dollar in recent weeks amid rate hikes and energy costs
The ruble has jumped more than 10% since hitting a trough of around 100 against the greenback early…
Jennifer Sor
1 min read
Russia rolls out currency controls in a bid to revive the ruble, which has cratered against the dollar this year
Moscow is trying to prop up the slumping ruble, which has shed around a quarter of its value this y…
George Glover
2 mins read
Russian ruble slumps to 18-month low as Israel-Hamas war sends US dollar higher in flight to safety
The Russian ruble weakened further as Hamas' deadly attack on Israel caused investors to seek safet…
Jennifer Sor
1 min read
China's yuan is tumbling amid US sanctions and as central banks boost dollar holdings
China's yuan fell to its lowest value against the ruble in a year as holders eye the impact of sanc…
Jennifer Sor
1 min read
Russia plans a digital version of the ruble after an 19% slide against the dollar this year
Russia plans a pilot scheme as soon as next month as it tries to find ways of revitalizing its econ…
Joseph Wilkins
1 min read
The ruble has plunged to its lowest level against the dollar since war in Ukraine began as Putin's economy sputters
Russia's ruble traded at 96 against the US dollar on Tuesday, plummeting around 30% since the begin…
Jennifer Sor
1 min read
Russia is doubling down on its de-dollarization efforts as Putin calls to reduce use of 'toxic' currencies
Russia's use of "toxic" currencies has been slashed in half over the past year, Putin said.
Jennifer Sor
2 mins read
China is doubling down on its bid to challenge the dollar's global dominance. Analysts lay out why it's unlikely to succeed.
"I'd rather be paid in US dollars than rand, real, rubles, rupees or yuans," Oanda analyst Jeff Hal…
George Glover
2 mins read
Russia says it's working with a group of countries to build a platform that doesn't need the dollar
Russian President Vladimir Putin has doubled down on phasing out the use of the US dollar and other…
Huileng Tan
3 mins read
Russia's weakened energy trade and lost access to the dollar will spark a severe recession within a year, a top economist says
Russia's energy profits are tumbling, and the nation could face major financial trouble as it loses…
Jennifer Sor
2 mins read
Russia and China are brewing up a challenge to dollar dominance by creating a new reserve currency
The new BRICS basket-based currency would challenge the US dollar-dominated IMF's basket and allow …
George Glover
1 min read
Russia shuts down dollar and euro trading after sweeping US sanctions take aim at Moscow's financial lifelines
Russians were lining up at one lender that was still offering dollars after trade was restricted fo…
Filip De Mott
2 mins read
Russia's ruble jumps to pre-invasion levels thanks to Moscow's rescue measures, putting pressure on the US
Moscow has put in place strict capital controls and is still receiving cash from oil and gas sales,…