The euro is falling against the dollar and is currently at its lowest level in 20 years. Everything indicates that absolute parity is only a matter of time, according to an article published in Deutsche Welle. For the first time, parity between the US dollar and the euro, when the exchange rate was one to […]
A new world order is coming to the global financial market, writes Frank Giustra, columnist for the Toronto Star. The dollar looks like a lame duck, many countries are desperately looking for a replacement. Yen, euro and yuan are not suitable for this. But China and Russia may well create a settlement trading currency. Shortly […]
The euro fell to a twenty-year low against the dollar amid another surge in natural gas prices and the threat of a recession, according to the Daily Mail. Edition writes that European industry is facing an unprecedented energy shortage, undermining the competitiveness of the Eurozone and European exports. To date, the euro exchange rate against […]
The Russian Ministry of Foreign Affairs is seriously considering the advisability of using the American dollar. At the briefing, Maria Zakharova, a spokesman for the Russian Foreign Ministry, stated that it would be logical to exclude this currency from the priority list. This question arose against the background of the actions of the United States […]