More transactions in national currencies of member states needed first, according to Moscow A new international reserve currency based on the BRICS currency basket requires more transactions to be made in national currencies, Russia’s Ministry of Economic Development suggested on Monday.
Natural gas spot prices in Europe continue to rise with September futures on the TTF hub in the Netherlands jumping to nearly $3,500 per thousand cubic meters on Friday, according to data on the London ICE exchange.
[unable to retrieve full-text content]