Russia’s non-dollar settlements within BRICS skyrocketing – central bank chief — RT Business News

Russia’s non-dollar settlements within BRICS skyrocketing – central bank chief — RT Business News

Source link The share of the country’s transactions with other bloc members in national currencies has reached 85%, Elvira Nabiullina says The share of Russia’s settlements in national currencies with fellow BRICS countries has increased to 85%, up from just 26% two years ago, the head of the Russian central bank, Elvira Nabiullina, told RIA […]

Red Sea unrest sends freight rates skyrocketing – media — RT Business News

Red Sea unrest sends freight rates skyrocketing – media — RT Business News

Source link Asia-to-Europe shipping prices have doubled as logistics giants are forced to reroute cargos around the southern tip of Africa Container freight rates are surging as attacks by Yemen-based Houthi rebels on cargo ships in the Red Sea have forced shipping giants to send vessels around southern Africa’s Cape of Good Hope, Reuters reported […]