Ruble Overtakes Dollar In Russia’s Trade With Asia

In a surprising new turn of events, Russia is now competing with the US dollar actively, challenging its dominion at the same time. The US dollar, which was once a global asset, has now been de-dollarized in Asia, with the majority of the Asian countries conducting trade in rubles with Russia. This narrative also shows how Russia has successfully been internationalizing its currency, despite the region being sanctioned heavily by the United States.

Also Read: Foreign Funds Are Pouring In: The US Dollar Rate About to Boom

Also Read: Foreign Funds Are Pouring In: The US Dollar Rate About to Boom## Ruble Is Winning, US Dollar Shrinks In A New De-Dollarization Trend

Source: Reuters / Dado Ruvic /Source: Reuters / Dado Ruvic /Per a recent trade report by the AA news, Russia is spearheading global trade deals in rubles, making new pathways for its currency to thrive on an international level. Russia’s ruble share on foreign trade with Asian countries has now reached a staggering 50.7%, showcasing the successful deployment of the currency in cross-border trade dynamics. This development has yielded results in light of the declining demand for the dollar and euro, with countries eager to explore USD alternatives to stabilize trade orders.

In addition to this, Russia’s ruble share in trade with North and South American regions has also spiked. The stats have increased by 2.3% to 3.1%, respectively. Experts state that Russia is becoming lucrative by implementing a ruble plan. It is cutting extra costs like conversion rates and commissions. The aim is to make the ruble appear more stable than ever.

US Dollar to Slow Down More?

The US dollar is predicted to show volatility in the near future as Trump’s tariff continues to batter the USD. Moreover, Trump’s policies have lately been a source of rapid criticism. The majority of the world leaders continue to berate Trump on his new tariff trends and systems.

In one of Brazil’s PM Lula’s latest speeches, he shared how he won’t be subordinate to the dollar. He later added that Trump has crossed a line by imposing new line of tariffs.

“While the president does have the right to impose tariffs, Trump has crossed the line,” Lula declared.

“While the president does have the right to impose tariffs, Trump has crossed the line,” Lula declared.

LULA TO TRUMP: I WON'T SUBORDINATE TO DOLLAR

Brazil is no longer as dependent on the US as it used to be

It won't let anyone dictate its economic policies

"While the president does have the right to impose tariffs, Trump has crossed the line," Lula declared pic.twitter.com/MuwKZiq6J9

— Sputnik (@SputnikInt) August 4, 2025

LULA TO TRUMP: I WON'T SUBORDINATE TO DOLLAR

Brazil is no longer as dependent on the US as it used to be

It won't let anyone dictate its economic policies

"While the president does have the right to impose tariffs, Trump has crossed the line," Lula declared pic.twitter.com/MuwKZiq6J9

Also Read: Just 1 BRICS Country Endorsed To Replace the US Dollar

Also Read: Just 1 BRICS Country Endorsed To Replace the US Dollar