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The World toward a multi-currency system

Date: August 27, 2022 Category: News

Nations like Russia and China are now leading the charge from a one-currency world to a multi-currency world of import payments.
Russia, for example, can take its energy profits and Rubles to pur...

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China increased Russian gold import

Date: August 26, 2022 Category: News

Russian Gold Rerouted to China Amid Western Ban.
China imported $108.8 million worth of Russian gold in July - a 750% increase from June and a 4,800% increase from the same month last year.
...

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China imports gold to revive an economy

Date: August 25, 2022 Category: News

China's net gold imports via Hong Kong jumped to a nine-month high in July, data showed on Thursday, with banks snapping up bullion as Beijing works to revive an economy.
Net imports stood at 48....

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Qatar boosted gold reserves to record levels

Date: August 25, 2022 Category: News

Qatar boosts gold reserves to record levels after buying 14.8 tonnes in July.
The Qatar Central Bank is the latest bank to announce an increase in its holding of precious metals.
Reserve dat...

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Mutual payment systems recognition for Russia and India

Date: August 24, 2022 Category: News

Indian banks may start accepting Mir payment cards.
Russia and India are planning to recognize each other's payment systems.
The issue of mutual recognition of RuPay and Mir was discussed du...

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