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Russian consumers continue to buy more gold bullion

By Rhod Mackenzie

The Russian bank VTB published figures regarding their sales of gold ingots to individual customers. It appears that Russians are still keen to buy gold, and this autumn the demand has gone up. What is the reason behind this sudden craze for gold and what other ways are there to...

Russia Dollar Investment Gold Rubles
No to dollars. India has decided the fate of frozen Russian rupees

By Rhod Mackenzie

Russia has amassed “billions” of rupees with restricted convertibility through trading with India. However, as Indian exports to Russia are ten times less than their imports, these rupees cannot be utilised. In response, partners suggest investing them in local corporate bonds....

BRICS Russia Trade India SCO Curencies Rupees Rubles