Tag Archives: Dollar

by Pepe Escobar, first posted at the Cradle, posted with the author’s permission News of Russian banks connecting to Iran’s financial messaging system strengthens the resistance against US-imposed sanctions on both countries and accelerates global de-dollarization. The agreement between the Central ...

PPP = Purchasing power parities (PPPs) are the rates of currency conversion that try to equalise the purchasing power of different currencies, by eliminating the differences in price levels between countries. This means that goods in each country will cost the ...

Moscow has called on trading partners to switch to national currencies Russia should increase settlements in national currencies with partner countries, Denis Manturov, head of the Russian Ministry of Industry and Trade, said at the plenary session of the Innoprom ...

by Gary Littlejohn for Ooduarere via The Saker Blog Implications of Recent Changes in US Monetary Policy Ramzin Mazaheri’s excellent article of 16th April attracted some very interesting comments: No, the dollar will only strengthen post-corona, as usual: it’s a crisis, ...

Bureau De Change operators in Abuja have attributed the fall in the dollar to release of the foreign currency by hoarders who had stored it pending the outcome of the nation’s general elections. A cross section of the operators, on ...

The Naira on Friday, January 23, deteriorated against the dollar as it exchanged at N208 from the N191.50 it sold for on Monday, January 19, the News Agency of Nigeria (NAN) reports. The rate has made the Naira to lose ...