Currency

In November, the ruble significantly strengthened, displacing the dollar, euro and yuan. Investors attribute this to an improvement in geopolitical expectations, a decrease in demand for the currency and a still high key interest rate. Analysts are assessing whether this trend will continue in December and what factors can affect the dynamics of the exchange rate.

China has introduced an updated CIPS 2.0 system, which many consider to be an alternative to SWIFT. However, for Russia, its capabilities are much more limited than it seems at first glance.

Itai has launched the Renminbi Digital cross-border settlement system in digital yuan, offering an alternative to the dollar-based financial infrastructure.

We will tell you how you can legally transfer money to Kazakhstan from Russia in 2025: limits, commissions and three relevant methods.

The share of ruble payments for export goods exceeded 50 percent for the first time. How this will affect the economy and which markets are becoming a priority for Russia — in the material on Mikhail Mishustin's speech.

Major Russian banks are developing an innovative payment system that will replace cards with new technologies: biometrics, QR codes and Bluetooth.

The new BRICS Development Bank is preparing to issue bonds in Indian rupees for the first time in its history. The placement is expected to take place before the end of March 2026, with an issue volume of up to $500 million.

When traditional international settlement channels stop working, alternative solutions come to the aid of businesses. One of the most striking examples is the Money Transfer service, which provides fast and legal international transfers.

Starting in October 2025, Russia will launch the phased introduction of the digital ruble, a new form of national currency controlled by the Central Bank. This measure will affect both ordinary citizens and business representatives: first, pensioners and benefit recipients will be involved in the project, then large companies and banks will join the digital platform, and by 2028, the whole country.