national currencies

Крупнейшая в мире региональная организация перейдет на расчеты в национальных валютах

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A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of its members. While the plan is to abandon the U.S. dollar in mutual payments, participating nations are yet to consider a…

Министр иностранных дел России Сергей Лавров заявил, что дедолларизацию «больше невозможно остановить»

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Russian Foreign Minister Sergey Lavrov has spoken on the current shift to national currencies and the de-dollarization international markets are currently experiencing. In a press conference after addressing the UN Security Council on April 25, Lavrov stated this shift could not…

Президент Бразилии Лула призывает развивающиеся страны отказаться от доллара в качестве глобальной резервной валюты

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According to Brazil’s president Luiz Inácio Lula da Silva, developing countries should abandon the U.S. dollar and strengthen their own national currencies. During a speech at the New Development Bank in Shanghai, Lula expressed his nightly pondering: “Why do all countries…

Китай готов вести переговоры с Азиатским валютным фондом о сокращении зависимости от доллара, Малайзия говорит

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An idea to establish an Asian Monetary Fund has caught the attention of the Chinese leadership, the head of the Malaysian government revealed. The prime minister believes there is no reason for his country, which is hurting from a strong U.S….

Россия рассматривает возможность частичной замены долларовых резервов цифровыми активами в будущем

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Amid ongoing sanctions, the government of Russia has been working to limit the country’s dependence on the U.S. доллар. The Ministry of Foreign Affairs now says it’s possible to partially replace the greenback in currency reserves and trade settlements with other…