Russia Set To Implement Gold Standard For Ruble

Every national financial system's sovereignty requires that its methods of payment have inherent worth and price consistency, and are not dependent to the dollar. With this objective in mind, Russia is now all set to implement the gold standard for ruble.

Secretary of the Security Council Nikolay Patrushev stated Tuesday in an interview with Rossiyskaya Gazeta that Russian specialists are developing on a scheme to build a two-loop monetary and financial network in the nation.

He expla...

Subscribe to view this content.

 
Do you have a tip or sensitive material to share with GGI? Are you a journalist, researcher or independent blogger and want to write for us? You can reach us at [email protected].