... steps can be taken to protect your funds in the context of a weakening ruble. What is devaluation in simple terms and how does it affect the Russian economy? Devaluation is the process of reducing the value of the national currency in relation to foreign currencies. Simply put, this means that the ruble, which yesterday could buy a certain amount of dollars or euros, is worth less today. For example, if earlier one dollar was worth 60 rubles, and now it is 80, then the ruble has become cheaper,...

... transitioned from regulated alternatives to USDT, viewing it as less susceptible to US interference in the short term. Nonetheless, risks remain: if the US Congress enacts legislation by 2025 requiring full reserves and audits or restricting the activities of foreign stablecoins within the country, USDT liquidity could shrink. In practice, even without a direct ban, the US banking system has become increasingly wary of stablecoins: in 2024, several crypto-oriented banks were closed or altered their policies (e.g., Silvergate, Signature Bank), complicating the conversion of stablecoins to fiat for the market. This creates challenges for Tether in terms of managing its reserves and servicing clients; however, the company appears to have preemptively ...

The global financial system is facing a sea change as foreign central banks actively reduce their holdings of dollar assets. The reasons for de-dollarization are geopolitical events, such as Russia’s reserve freeze in 2022, and growing mistrust of the dollar as a reserve currency. What does this mean for ...

... between the European Union and global economic giants, the United States and China. His call for the EU to reconsider its trade policies highlights the growing tension in the international economic landscape. What risks and opportunities does this potential ... ... protect its internal market. Protectionist moves, such as high tariffs, subsidies for domestic industries, and restrictions on foreign companies, put European producers at a disadvantage. Macron suggests that without decisive action, European companies ...

... than export ones. At the same time, the ruble's exchange rate played a dual role. In the first half of 2025, the ruble weakened on average compared to the beginning of 2024, which on one hand boosts ruble revenue from export contracts (denominated in foreign currency or tied to it), but on the other, leads to currency revaluation of debt obligations and other paper losses. Therefore, the external environment in H1 2025 was complex: the macroeconomic landscape was characterized by a decline in export ...