Russia & India Settle $40B of Trade in Local Currency
Amid BRICS’ overarching de-dollarization efforts, both Russia and India have settled $40 billion worth of trade in local currency. Indeed,...
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Paving the Way for a Currency in 2024?
One of the major desires of the BRICS bloc has been its attempts to curtail the Western-led SWIFT payment system....
BRICS-Led Effort Against Greenback Should Alarm the US
US policymakers should be concerned about a BRICS-led dedollarization, Thomas Hill wrote for the Atlantic Council. New members can provide...
BRICS Currency to be Announced in 2024?
Over the last year, discussions on a BRICS currency have abounded. Indeed, the five-country bloc welcomed six additional members at...
China’s Central Bank Dumping US Dollar in the Currency Market
China’s Central Bank dumped the US dollar in the currency market for three consecutive days in December this month. The...
Why Is the Indian Rupee Crashing Against the US Dollar?
BRICS member India’s local currency the Rupee is falling to a new low on Monday against the US dollar. The...
Opinion | How Brics can push de-dollarisation and avert a global dollar disaster
As the de-dollarisation movement grows, Brics-plus countries can help it along by working to integrate their currency and fixed-income markets....
The Indian Rupee as International Currency
202 By Prof. Dr. M. Jayadev, Professor of Finance and Accounting, Indian Institute of Management Bangalore (IIMB) ...
U.S. Dollar Defends Role As Global Currency [Infographic]
The de-dollarization of the world economy has been thrust back into the spotlight with the BRICS summit, which took place...
China’s Yuan Displaces Other Top Global Currencies in Trade, but Not Dollar
The yuan's growing use is chipping away at second-tier currencies, such as the pound, ING said. China's share of global...
