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Russian Central Bank Attributes Recent Ruble Depreciation to Lower Forex Sales by Exporters

Post author:MiamiCrypto
Post published:April 12, 2023
Post category:BRICS countries Chinese Yuan depreciation Economics financial system foreign exchange market ruble crash Ruble Pairs Society for Worldwide Interbank Financial Telecommunication (SWIFT)

The Russian central bank has attributed the ruble’s latest plunge against the U.S. dollar to the temporary reduction “in sales of foreign currency earnings by exporters.” The central bank also…

Data Shows Ruble-Denominated Crypto Trading Has Spiked, RUB Represents Over 2% of USDT Trades

Post author:MiamiCrypto
Post published:March 1, 2022
Post category:Arcane Research Binance Bitcoin BTC Charles Archer Coin Dance coingecko.com Crypto Compare data Ekin Genç ETH Ethereum Hryvnia Pairs IMF Jukka Blomberg LocalBitcoins Localbitcoins CMO Markets and Prices metrics Paul Vigna RUB-denominated RUB-denominated trades RUB/USD ruble Ruble Pairs Russia Russia Trades russian ruble Russian rubles Stats Tether Ukraine USDT vice.com World Bank

According to reports and data stemming from ruble-denominated crypto trading pairs, Russian citizens are flocking toward cryptocurrencies amid the conflict in Ukraine. Analytical data indicates that the ruble is the…