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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!

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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) […]

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