Demand for dollars has pushed the rumors about the devaluation Slowed down a while ago, the demand to buy dollars again began to increase. “In the last two months, we are seeing high demand for foreign currency from the population, due to expectations of devaluation of the ruble approaching the …
Read More »Vain hope. Could the ruble become a reserve currency
The money, which no one should have no independent value: at best, they provide an opportunity to buy them for “real money” on a steady course. For more than 70 years, the world lives with a single global currency — us dollar. Before I developed this system, similar was the …
Read More »The ruble is back in fashion: winter for the Russian currency promises to be hot
To buy rubles on the background of the increase in world oil prices, investors are advised U.S. company BlackRock. This became known from Sergio Trigo Paz, head of the division of the company for debt instruments of developing countries. He also noted that Russia is returning to growth, which makes …
Read More »Russia is facing a currency crisis due to the new scheme of privatization of “Rosneft”
A new scheme of privatization of “Rosneft”, which the company itself buys its own shares from the state, will lead to a significant outflow of currency from the Russian banks and could trigger a dollar famine on the market. To such conclusion analysts of Raiffeisenbank, analyzing the details of the …
Read More »Azerbaijani banks stopped selling currency
Azerbaijani banks have stopped selling foreign currency. According to “Caucasus Online”, Bank Respublika has not explained the reason for the termination of sales, noting only that “the decision was made within the Bank”. “AtaBank” in the Bank AFB said that for several days did not sell dollars. Bank Nikoil reported …
Read More »How currency manipulation of China, strengthen the us dollar
The Chinese financial authorities are struggling to strengthen the role of the special drawing rights of the IMF and the yuan in the global monetary system. But in practice, Beijing does nothing to undermine the hegemony of the dollar, as it would be contrary to the economic interests of China …
Read More »Russia is the second month of living without a net inflow of currency
The Russian economy is the second month there is a mode actually missing the net inflow of foreign currency. This, according to Finanz.ru should macroeconomic financial statistics of the Central Bank of the Russian Federation. In July, according to the Central Bank, balance of payments – the difference between the …
Read More »A good time to buy currency
The Russian currency will face serious tests, so now is a good time to stock up on dollars and euros, experts predict. In the morning trading session of Moscow exchange, the dollar fell 8 cents to 65,47 of the ruble. 4 cents fell against the ruble and Euro to ruble …
Read More »Six foreign currency borrowers went on a hunger strike in the main office VTB24
Six currency mortgage borrowers VTB24 15:00 Wednesday, August 3, began a hunger strike in a tower “Federation” in Moscow. This was reported by one of the participants of the action Irina Vostrikova. According to her, the mortgage holders are going to spend the night in the tower, despite the fact …
Read More »The IMF and China support the early adoption of a new global reserve currency
The world financial elite wants to use SDR as the leading global reserve currency in the near future. Before the meeting of G20 Central Bank governors and Finance Ministers in Chengdu, China, 22-23 July, some scientists have started to push the idea of widespread use of SDR (currently worth $ …
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