e-Cabbage's Forecast: the Next World Reserve Currency is the Russian Ruble

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The European e-Cabbage payment system has announced the forthcoming availability of RUB accounts (Russian Ruble) along with the existing EUR, USD, CHF, and GLD accounts.

The Russian currency has demonstrated a high stability level during the world economic crisis.

The world economic crisis which burst out in 2009 has clearly demonstrated that the world economic community needs a new candidate for the reserve currency title. However, it is a complicated issue and nobody knows when it is going to happen and which currency is going to become such candidate.

However, the management of the European payment system e-Cabbage.com has its own point of view and is not going to wait for tomorrow. It proposes to all the payment system clients of to use the new RUB accounts which allow performing transactions in Russian rubles already today. We would like to remind you that until today the e-Cabbage users could work with the following types of accounts: EUR, USD, CHF and GLD.

In one of his interviews e-Cabbage Corp. CEO Mr. Reimann said: “We can see that the Russian economics is increasing rapidly which is connected with the competent foreign-economic policy of the Russian Federation. We also noticed the fact that the Russian currency has demonstrated a high stability level during the world economic crisis. Basing on these facts we decided to propose to our payment system user’s introduction of RUB accounts tentatively”.

It is true that the Russian ruble is very stable now. Moreover, according to the Russian government the inflation has remained at the same level for several moths already. All these will obviously allow to the Russian ruble to steer its course to the stability to which it headed in September of 2009, and to become soon the world reserve currency.


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Waldemar Reimann
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