[ad_1] Source: I/Adobe The Russian Central Bank is playing down talk of a 2024 rollout for its digital ruble – insisting that the coin will not be ready for nationwide…
Tag: Ruble
Digital Ruble Will Spark Russia’s ‘Biggest Monetary Reforms Since the 1990s’
[ad_1] Source: Larisa/Adobe The launch of the Russian digital ruble will trigger the nation’s “largest monetary reforms since the 1990s,” a media report has claimed. Per ProGorod, Russia’s CBDC project…
Russian Lawmakers Urge Central Bank to Rethink Digital Ruble Plans
[ad_1] Source: Alex Zarubi/Unsplash Russian lawmakers want the country’s Central Bank to ditch its current retail model digital ruble in favor of a wholesale alternative. Per Interfax, three State Duma…
The dedollarization drive is facing a confidence crisis as the yuan, ruble and Argentine peso simultaneously plummet, an analyst says
[ad_1] Global dedollarization efforts face a credibility challenge as currencies of the nations leading the movement take a beating. Slumps in the ruble, yuan, and Argentine peso underscore how the…
Opinion: Russia’s economy proved resilient last year. Now the pain is setting in – the collapsing ruble says so
[ad_1] Open this photo in gallery: A board shows currency exchange rates of the U.S. dollar and euro against the Russian ruble, in Moscow, on Aug. 7.EVGENIA NOVOZHENINA/Reuters In the…
Analysis | A Sickly Ruble Reveals What Putin Will Not
[ad_1] Comment on this storyComment In the 18 months for which Russia has been waging war against Ukraine, Western countries have imposed more than 13,000 sanctions on Russia — yet the…
Ruble: Russia’s central bank raises interest rates to 12% after currency plunges | CNN Business
[ad_1] CNN — Russia’s central bank hiked its main interest rate by 3.5 percentage points to 12% Tuesday after the ruble hit a 17-month low the previous day. The ruble…
Russian central bank calls emergency meeting after ruble plunge; Britain intercepts Russian bombers
[ad_1] 9 Mins Ago U.S. announces new security assistance for Ukraine worth $200 million A member of the Ukrainian special force engages in zeroing his weapon prior to a mission,…
Russian Ruble at Weakest Level Since Early Days of Ukraine War
[ad_1] The currency’s fall points to mounting financial anxiety and has revealed divisions among top Russian officials over how to manage the situation. [ad_2] Source link