The U.S. dollar is climbing, the euro, the pound and the yen are retreating: the Russian ruble is taking off against the greenback, and this exceeds all expectations!

In the first week of September, Russia told the press that China would pay for its natural gas in rubles and yuan. In addition, Russian gold imports by Switzerland reached a peak not seen since April 2020. The greenback is soaring, but the Russian ruble is also up. This week, the Dollar Monetary Index (DXY) […]