Thursday , May 2 2024
Home / Mike Norman Economics / Sputnik — Bank of Russia Won’t Buy Foreign Currency Until Year’s End – Deputy Governo

Sputnik — Bank of Russia Won’t Buy Foreign Currency Until Year’s End – Deputy Governo

Summary:
The Bank of Russia not going to resume purchasing foreign currency on behalf of the Russian Finance Ministry even if the there is a decrease in volatility in the foreign exchange market, First Deputy Governor Ksenia Yudaeva said on Thursday.... De-dollarization continues. Sputnik International Bank of Russia Won't Buy Foreign Currency Until Year’s End – Deputy Governor

Topics:
Mike Norman considers the following as important: ,

This could be interesting, too:

Michael Hudson writes Krugman Clings to Currency Tropes

Michael Hudson writes The QE Quandry

Mike Norman writes Sputnik — Head of US Think Tank Warns: ‘Club of Very Powerful Countries’ is Moving Away From Dollar Use

Mike Norman writes One Of The World’s Largest Oil Companies Just Ditched The Dollar — Tsvetana Paraskova

The Bank of Russia not going to resume purchasing foreign currency on behalf of the Russian Finance Ministry even if the there is a decrease in volatility in the foreign exchange market, First Deputy Governor Ksenia Yudaeva said on Thursday....
De-dollarization continues.

Sputnik International
Bank of Russia Won't Buy Foreign Currency Until Year’s End – Deputy Governor

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *