economic policy

  • Federal Reserve Maester: The Federal Reserve will not take action to launch central bank digital currency

    According to reports, Federal Reserve Meister: The Federal Reserve will not take action to launch a central bank digital currency, which requires congressional approval. The United

    04/21/2023
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  • Restricting Currency Exchange: Russia’s Economic Self-Sufficiency Policy

    On March 14, it was reported that the channel for Russian users to buy and sell dollars and euros through its P2P service was closed. In addition, the exchange prohibits EU citizens from trading rubles through P2P. Coin closes the channel for Russian users to buy and sell dollars and euros through P2P services Analysis based on this information:The recent news of Russia closing its channel for users to buy and sell dollars and euros through its P2P service, and prohibiting EU citizens from trading rubles through P2P, has raised concerns about the country’s economic self-sufficiency policy. This move may be seen as an attempt by the government to reduce the influence of foreign currencies on the Russian economy and gain greater control over it. Russia has been facing economic sanctions imposed by the US and EU since 2014, after it annexed Crimea from Ukraine. Since then, the country has been pushing for greater economic self-sufficiency to reduce its dependence…

    03/14/2023
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