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The US learned how Russia is circumventing the ban on dollars

By Rhod Mackenzie

According to a study by financial intelligence company Sayari, it is possible that certain Russian banks may have found a way to bypass the ban on importing cash dollars and euros into Russia by exchanging gold for them in the United Arab Emirates and Turkey. Bloomberg reported o...

Russia Sanctions BRICS Trade Turkey Gold UAE Hong Kong
The Moscow Exchange will begin trading in the UAE dirham

By Rhod Mackenzie

The Moscow Exchange will start currency rading in UAE dirhams with settlement in rubles on Monday, and will also allow the settlement of over-the-counter transactions with the central counterparty (CCP) with the Turkish lira and the Hong Kong dollar, according to a statement from...

Russia Ruble Currencies Turkey Foreign Exchange UAE Hong Kong