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Tag: ruble

Weaponizing Russian Energy

In an attempt to boost the ruble and avoid sanctions, Russia will stop accepting payments in dollars and euros from “unfriendly countries.” India is on board...

An Easier Solution for Rupee-Ruble Payments

India imported $3.3 billion in goods to Russia in 2021, and the finance ministry has no plans to slow that source of revenue. India has not placed sanctions on...

Russia’s Central Bank Aims to Prevent Bank Runs

(Image of Americans lining up to withdraw cash during the Great Depression) The Central Bank of the Russian Federation is speaking carefully and confidentally to...