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Tag Archives: ruble
PUTIN SENDS THE WEST A GOLDEN MESSAGE: CENTRAL BANK OF RUSSIA CHANGES LOGO TO GOLDEN RUBLE
According to reports from Russian media, Putin appears to have sent the west a golden message in the aftermath of JP Morgan unilaterally deciding to block an official Russian wire transfer, as the Central Bank of Russia has introduced a new … Continue reading
Crimea To Abandon Hyrvnia, Switch To Russian Ruble
Crimean Deputy Prime Minister Rustam Temirgaliev has told RIANovosti that the region will abandon Ukraine’s Hyrvnia: *CRIMEA TO SWITCH TO RUSSIAN RUBLE APRIL 1: RIA NOVOSTI This is not a total surprise as Reuters reported the Crimean Deputy PM stating “we are … Continue reading
Putin Launches Military Drill In Western, Central Russia; Ruble Drops To Lowest Since 2009
Lest it be confused that Russia has somehow forgotten about the Ukraine coup, and that it no longer concerns the bread basket (and key gas pipeline hub) of Europe a core strategic resource, moments ago Russian wire services blasted the … Continue reading
The People’s Bank of China will benefit Russian banks, trading on the MICEX yuan-RTS
It would appear that Russia and China are expediting their currency transfer from the US dollar to their own currencies. Once the USD is replaced with an international “basket” of currencies and commodities (gold), the printing presses at the Treasury … Continue reading