Questions tagged

KatieAnderson Wed Nov 13 2024 | 5 answers 1478

Did Russia stop using the U.S. dollar?

I heard some news about Russia possibly stopping the usage of U.S. dollar in their financial transactions. I'm wondering if there's any truth to this rumor, and if so, what are the reasons behind such a decision?

Luca Mon Nov 11 2024 | 7 answers 1590

What is the most popular crypto in Russia?

Russia is currently experiencing a significant shift in its financial landscape, with a notable rise in the adoption and acceptance of cryptocurrencies. This trend has been largely driven by the country's efforts to circumvent international sanctions and seek alternative payment methods for international trade. Among the various cryptocurrencies, Bitcoin has emerged as a prominent option, recently being legalized for use in cross-border transactions by the Russian government. This move marks a significant change in Russia's approach to digital currencies, indicating a growing recognition of their potential in facilitating international trade and payments.

GeishaMelody Sun Nov 10 2024 | 5 answers 1409

Are China and Russia creating a new currency?

There is a rumor that China and Russia are planning to create a new currency. However, this has not been officially confirmed by either country. The issue involves complex financial and economic considerations, and any decision would likely require careful consideration and consultation among relevant parties.

GangnamGlitzGlamour Sun Nov 10 2024 | 7 answers 1846

How far does 100 dollars go in Russia?

I'm curious to know how much purchasing power $100 has in Russia. I want to understand the value of this amount in the Russian economy and what kind of goods or services it can buy there.