Rupiah’s fall shows old emerging-market playbook no longer works
On May 5, the rupiah closed at 17,445 per dollar — its weakest level on record — and by evening...
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Brics to push for intra-currency payments as ‘immunity’ against Western clout
Brics nations are assessing whether a digital payments framework linking their currencies could lessen the impact of Western sanctions, tariffs...
India’s central bank proposes a plan to create CBDC link among BRICS nations
The Reserve Bank of India (RBI) is pushing a plan to link central bank digital currencies (CBDCs) across BRICS nations...
Under US tariff shadow, India and Russia underline trade commitments | Business News
India and Russia on Friday reiterated their commitments to increase bilateral trade to $100 billion from the current level of...
CEO Of Biggest Bank in BRICS Says Trade Between Russia and India Sidestepping US Dollar
The CEO of Sber’s India branch says a majority of trade between Russia and India is now being settled in...
BRICS, India, And China’s Digital Renminbi: Is De-Dollarisation Finally Becoming A Reality? — Explained | India News
For decades, the United States dollar has been more than just a currency — it has been the bedrock of...
The BRICS’s New Gold Settlement Architecture Is Being Built — But Won’t Be Needed
The “BRICS” is now a consortium of ten countries, with 22 more countries in application stages, led by Russia, China...
BRICS Nation Russia Accelerates De-Dollarization, Says 95% of Trade With China and India Now in Local Currencies
Russia is essentially sidestepping the US dollar for nearly all of its international trade, according to one of the BRICS...
Bank Backed by BRICS Countries To Raise Up to $500,000,000 With New Indian Rupee-Denominated Bonds: Report
A bank backed by the BRICS economic alliance is reportedly planning on raising up to $500 million with its first-ever...
India Not Replacing US Dollar for Trade: CEA: Rediff Moneynews
India is not pursuing alternatives to the US dollar for global trade, says CEA. BRICS considered local currency payments.New Delhi,...
