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Economics Geopolitics Money 

Venezuela provides more euros than bolivars to banks

November 15, 2019August 17, 2020 Frank Knopers 0 Comments bolivar, currency, euro, venezuela

Instead of bolivars, the central bank of Venezuela is increasingly distributing euro banknotes to its own banking sector. As a result, the euro is gaining market share in domestic payments, at the expense of the virtually worthless bolivar.

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Economics Money 

China borrows 4 billion in euro

November 6, 2019August 17, 2020 Frank Knopers 0 Comments bonds, china, currencies, currency, euro

For the first time since 2004, China issued a euro-denominated bond. The Chinese Ministry of Finance raised €4 billion this week by issuing new debt at less than half a percent interest rate.

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Money 

Russia is switching to the euro in trade with China

July 28, 2019December 30, 2020 Frank Knopers 3 Comments currency, dollar, euro, russia, trade

The euro is rapidly gaining popularity in trade between Russia and China. This is evident from new statistics released by the Russian central bank earlier this week.

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Economics Money Video 

Putin: “We are not leaving the dollar, the dollar is leaving us”

December 1, 2018September 3, 2020 Frank Knopers 0 Comments currency, dollar, putin, trade

In recent years there has been more talk about countries that want to become less dependent on the dollar. Nevertheless,

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Economics Money 

Putin: “US should not use dollar as a political tool”

July 29, 2018August 17, 2020 Frank Knopers 1 Comment currencies, currency, dollar, putin, russia, sanctions

The US goverment is making a strategic mistake by using the dollar as a political tool, according to the Russian

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Economics Money 

Will Chinese yuan become the new trade currency for Africa?

June 5, 2018August 17, 2020 Frank Knopers 0 Comments africa, china, currency, renminbi, yuan

Central bankers from various African countries are considering using the Chinese yuan as trade currency for the region, according to

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Economics Money 

Russia willing to use euro for international trade

June 2, 2018August 17, 2020 Frank Knopers 0 Comments currency, euro, russia, trade

Russia is prepared to use the euro instead of the dollar for international trade if the European Union takes a

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Click here for the Dutch version of Geotrendlines. More articles are published on the Dutch page.

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