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Category: Bank of Russia

Russian Ruble Taps 7-Year High Against the US Dollar — Economist Says ‘Don’t Ignore the Exchange Rate’
Bank of Russia Central Bank Charles Lichfield China conflict Crude Oil cut rate Economics EU Gas India interest rate Martin Armstrong OIL Peace Talks rouble ruble ruble crash ruble falls ruble plunges Ruble Rises Ruble strength Russia russia bank run Russia Ruble russian bank run russian sanctions Sanctions Ukraine Ursula Von Der Leyen Vladimir Putin War Western Allies Youtuber Jake Broe

Russian Ruble Taps 7-Year High Against the US Dollar — Economist Says ‘Don’t Ignore the Exchange Rate’

June 21, 20227 min read admin

Recent news reports have detailed that Russia’s fiat currency, the ruble, was the best-performing currency worldwide and the articles explained that American economists were perplexed

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American Economists Are Baffled by an ‘Unusual Situation’ as Russia’s Ruble Is the World’s Best Performing Fiat Currency
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American Economists Are Baffled by an ‘Unusual Situation’ as Russia’s Ruble Is the World’s Best Performing Fiat Currency

June 9, 20224 min read admin

Two months after the Russian ruble fell below a U.S. penny, the transcontinental country’s fiat currency is the best performing currency worldwide. American economists are

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Majority of Russia’s Financial Pyramids in Q1 Linked to Crypto, Scammers Exploit Sanctions Topic
Bank of Russia Central Bank Crypto Cryptocurrencies Cryptocurrency financial pyramids Finiko Fraud fraudsters investment schemes News Ponzi Schemes pyramid schemes pyramids restrictions Russia russian Sanctions Scams

Majority of Russia’s Financial Pyramids in Q1 Linked to Crypto, Scammers Exploit Sanctions Topic

May 8, 20223 min read admin

Many of the financial pyramids identified in Russia during the first quarter of the year have been associated with cryptocurrencies, a top central bank official

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World Bank Predicts 3% Gold Price Growth, Expert Says a $3K per Ounce ‘Is More Likely Than Not’
Aurus Bank of Russia Digital Currency Economics gold Gold-backed tokens Interview russia sanctions Russia Ukraine war Tony Dobra World Bank

World Bank Predicts 3% Gold Price Growth, Expert Says a $3K per Ounce ‘Is More Likely Than Not’

April 30, 20227 min read admin

The World Bank has said it expects the price of gold to rise by 3% in 2022 but warned the price might fall sharply if

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Bank of Russia Seeks to Allow Stock Exchanges to Trade Digital Assets
Bank of Russia Brokers CBR Central Bank Coins concept Crypto crypto trading Cryptocurrencies Cryptocurrency Digital Assets Exchanges financial assets moscow exchange plan Regulation Regulations rules Russia russian stock exchanges Tokens trading

Bank of Russia Seeks to Allow Stock Exchanges to Trade Digital Assets

April 28, 20224 min read admin

The Central Bank of Russia has recently proposed authorizing traditional stock exchanges to operate in the digital assets market. Industry watchers say the regulator aims

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Digital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing
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Digital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing

April 19, 20223 min read admin

The Central Bank of Russia has emphasized the importance of moving forward with its digital ruble project. According to a statement by a top representative,

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Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia Insists
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Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia Insists

April 13, 20223 min read admin

The spread of cryptocurrencies brings significant risks for Russia’s economy, financial stability, and national fiat, the monetary authority in Moscow has reiterated. The central bank

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Bank of Russia Reports First Successful Digital Ruble Transfers Between Users
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Bank of Russia Reports First Successful Digital Ruble Transfers Between Users

February 17, 20223 min read admin

Testing of the digital ruble has started in Russia with the country’s central bank announcing the first complete transactions between individual wallets. The monetary authority,

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Demand for Mining Equipment Drops in Russia Amid Fears of Possible Ban, Report
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Demand for Mining Equipment Drops in Russia Amid Fears of Possible Ban, Report

February 4, 20223 min read admin

Platforms listing ads for mining hardware have been registering declining demand since Bank of Russia’s call for a ban on the minting of digital currencies

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Russians Own $215 Billion in Crypto Suggests Estimate Attributed to Government
ban Bank of Russia Central Bank Crypto crypto market crypto space Cryptocurrencies Cryptocurrency estimate Government holdings proposal Proposals Regulation Regulations report Russia russian russians Wallets

Russians Own $215 Billion in Crypto Suggests Estimate Attributed to Government

February 3, 20223 min read admin

Russians may own more cryptocurrency than previously thought, a new estimate reportedly used by the government has indicated. The quoted figure amounts to over a

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Russians Aware of Bitcoin Divided on Proposed Crypto Ban, Poll Finds
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Russians Aware of Bitcoin Divided on Proposed Crypto Ban, Poll Finds

January 30, 20223 min read admin

A new survey has indicated that Russians who have heard about cryptocurrency are deeply divided in their opinions on the recently suggested ban on operations

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Russian Investors to Pass Exams Before Buying Cryptocurrencies, Draft Law Suggests
ban Bank of Russia bill CBR Central Bank Crypto Crypto investors Crypto regulation crypto regulations Cryptocurrencies Cryptocurrency draft law exams Investors Law lawmaker lawmakers Legislation parliament proposal Regulation Regulations Russia russian State Duma tests

Russian Investors to Pass Exams Before Buying Cryptocurrencies, Draft Law Suggests

January 30, 20223 min read admin

A new Russian law may oblige potential crypto investors to take a test before being allowed to purchase digital assets over a certain limit. The

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