In a bold move reshaping global finance, 11 countries have decided to abandon the U.S. dollar for international trade.

Russia’s international reserves are highly liquid foreign assets available with the Bank of Russia and the Russian Government. They comprise foreign currency, Special Drawing Rights (SDRs), a ...

The Kremlin on Friday brushed off a repeat threat by U.S. President Donald Trump to impose tariffs on the BRICS grouping of ...

The daily chart shows that the USD/RUB exchange rate rose to a high of 114.48 in 2024 as the Russian economy remained on edge ...

BRICS doesn’t plan to create a new common currency to replace the dollar, Kremlin spokesman Dmitry Peskov said.

In December, Finance Minister Anton Siluanov acknowledged Russian firms were already using Bitcoin and other cryptocurrencies ...

The leaders of European countries, amid the upcoming negotiations between Russia and the United States, fear that Russia will eventually come for its frozen assets. This was stated on his YouTube ...

The BRICS group, composed of Russia, China, India, Brazil, and other nations, has been exploring ways to reduce reliance on ...

The Kremlin on Friday noted a repeat threat by U.S. President Donald Trump to impose tariffs on the BRICS grouping of ...

Economic bloc is focused on establishing new joint investment platforms to boost cooperation Kremlin spokesman Dmitry Peskov ...

Kremlin spokesperson Dmitry Peskov clarified that BRICS, of which Russia is a member, was not considering the creation of a shared currency but was instead focused on developing joint investment ...