Tag: dollar

Iran to Do Total De-Dollarization of Trade with Russia

Farzin: We have concluded a currency agreement with Russia and have completely excluded the dollar; settlements are conducted in rials and rubles Governor of the Central Bank of Iran at the 11th annual conference on modern banking and payment systems in Tehran: 🔴 We agreed……

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Dollar Plunges on News of a Lack of Rate Hikes

The dollar should just dip and then dip out. We don’t need this currency. We just need Bitcoin to run everything. RT : The US dollar index, which measures the greenback against six other major currencies, plunged to near one-month lows on Monday, following a…

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US Dollar Status as Reserve Currency in Jeopardy, Doctor Doom Says

My new @FT oped on gradual de-dollarization: A bipolar currency regime will replace the dollar’s exorbitant privilege. The greenback is bound sooner or later to feel the effects of intensifying geopolitical rivalry between the US and China https://t.co/gJoxUf9YjI — Nouriel Roubini (@Nouriel) February 5, 2023…

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Yuan Outperforms Euro on Moscow Exchange

Everything that happens in the world basically comes down to economics. That is what makes everything happen. The US is only the most powerful country in the world because it has the biggest military in the world, it only has the biggest military in the…

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It’s Happening: Russia is Dropping the Dollar

We knew it would happen. Pravda : In May 2014, presidents of Russia, Kazakhstan and Belarus will sign an agreement on the establishment of the Eurasian Economic Union. Sections 9 and 11 the agreement, the draft of which is available on the official website of…

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