Currency market

The contract still specifies the price in euros, the cryptocurrency is converted at the exchange rate, the commission is only from 1.5 to 3%.

The ruble lost more than 4.5% compared to the close of the previous session.

Customers will be able to pay for purchases in Bitcoin, Ethereum, Litecoin, Shiba Inu, Dogecoin and other cryptocurrencies.

Russia needs to strengthen the ruble in order to have time to buy the equipment necessary for import substitution before the next package of Western sanctions, economist Alexander Losev said.

EU countries will not soon be able to refuse to purchase Russian oil, for which, perhaps, they will also have to pay in rubles.

The total wealth of the richest entrepreneurs from Russia has decreased by $45.484 billion since the beginning of 2022.

Russians who earn more than 10 million rubles a year must give at least 25% of their income, said Mikhail Shchapov, First Deputy Chairman of the State Duma Committee on Budget and Taxes.

Hayes believes that the pandemic has revealed huge shortcomings in the monetary policy of the world's largest financial markets — the United States and the European Union.

The United States has yet to default on Russia as Washington waits for a more opportune moment to sow panic among Russians, economist Vasily Koltashov said.

In the first quarter of 2022, 2,115 counterfeit banknotes with a face value of two thousand rubles were detected in Russia, which is 5.5 times more compared to the same period a year earlier.

The euro fell below $1.06 on Wednesday, April 17, for the first time since April 2017.

The adoption of BTC as a legal tender will optimize the country's infrastructure.

Crypto exchange EXMO has opened a separate platform for Russians. This was reported to RBC by its representative.

Ukraine needs $7 billion a month in immediate financial assistance to cover.

The head of the World Bank, David Malpass, announced during a speech at the Warsaw School of Economics that the organization is ready to transfer $1.5 billion to help Ukraine.