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Binance and Kyrgyzstan: A Partnership Reshaping the Crypto Market
Binance has signed an agreement with the government of Kyrgyzstan, paving the way for the implementation of crypto ... ... educational programs. This event could change the balance of power in Central Asia and open new opportunities for investors and the cryptocurrency ... ... Kyrgyzstan's economy, and has implications for investors in neighboring Russia. Let us explore the influence of the agreement in each of ... ... launch of a pilot project for a digital som (its own CBDC, central bank digital currency). Against this backdrop, the arrival of Binance ...
Ruble Concludes 2024 Above 100 Against Dollar: Causes, Forecasts, and Implications
... what can we expect in 2025, and how will this impact the economy and the population — we analyze in this article.
2024 Year-End Summary: Ruble Exchange Rate Dynamics
The ruble weakened amidst a range of internal and external factors. According to the Central Bank of Russia, the national currency ended the year with the following indicators:
US Dollar Exchange Rate: +13.4% (ruble depreciation).
Euro Exchange Rate: +7%.
Chinese Yuan Exchange Rate: +6.8%.
Main Causes of Ruble Depreciation
Geopolitical Factors
The introduction ...
Economic Events and Corporate Reports - Monday, July 28, 2025 - OPEC+ Meeting, Dallas Fed Index
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On the other hand, support for the national currency continues to come from still high oil prices, foreign currency sales by the Ministry of Finance (including yuan from reserves under the budget rule), as well as a high key interest rate from the Central Bank of Russia. The recent reduction of the key rate by the Central Bank to 18% per annum has slightly eased financing conditions; however, the level remains elevated. High rates make ruble assets more attractive for investors and help to curb capital outflows ...
U.S. Temporarily Allows Energy Transactions with Russian Banks: What This Means for Russia?
The US Treasury has temporarily cleared energy-related transactions with a number of Russian banks, including Sberbank, VTB and Rosbank. The decision, which is in effect until April ... .... Temporarily Permits Energy Transactions with Russian Banks: What Does It Mean for Russia?
The Essence of the Authorization
The U.S. Department of the Treasury has temporarily... ... sanctions on energy-related operations for a number of Russian banks, including the Central Bank, Sberbank, VTB, and Rosbank. This decision, effective until April 30, also...
The United States has allowed transactions with Russian banks in the energy sector: what does this mean
... economy and energy sector, as well as the significance of this decision for international trade relations.
The U.S. Treasury Department has temporarily eased sanctions on energy-related operations for several Russian banks, including the Central Bank of Russia, Sberbank, VTB, and Rosbank. This decision, effective until April 30, also lifts sanctions on Prominvestbank. The measure allows for the continuation of transactions related to the supply of oil, gas, and other raw materials.
This move demonstrates ...