In order to prevent other countries from interfering in their national affairs, Russian President Vladimir Putin has urged members of the Commonwealth of Independent States (CIS) to rely more on…

On Monday, the Turkish lira continued to fall, dropping below 28 lira to the US dollar, which is its lowest level on record. Currently it is down over 50% against…

On Tuesday, Malaysian Prime Minister Anwar Ibrahim said that Malaysia is set to begin shifting away from the use of the US dollar in trade settlements, instead using local currencies,…

On Tuesday, the ruble weakened beyond the symbolic level of 100 per US dollar, as outflows of foreign currency and a changing trade balance continue to drive the currency down.…

A recent Bloomberg report revealed the European Bank for Reconstruction and Development (EBRD) is warning that the growing use of the Chinese yuan by Russia in response to Western sanctions…

In Kosovo, the ubiquity and quality of counterfeit €2 coins has led baristas in local cafes to give up on trying to check them for authenticity, since the majority they…

A division of Russian energy giant Gazprom, the Russian oil producer Gazprom Neft, has nearly eliminated all usage of the US dollar and euro in its trade of crude oil…

In Thursday, Stephen Jen, the CEO of Eurizon SLJ Capital Limited, said in an interview with Die Welt that since February of 2022, compared to the last fifteen years, the…

Georgy Zinoviev, the director of the Russian Foreign Ministry’s First Asian Department recently told RIA Novosti News that the de-dollarization of Russia-China trade is nearly complete. He noted that over…

On Thursday, Dmitry Birichevsky, the head of the department for economic cooperation at Russia’s Foreign Ministry, said that although the BRICS nations are making progress in establishing a single currency…