archiveBRICS

Amid the overarching de-dollarization plans, the BRICS alliance has recently stated its currency is an answer for a world “tired”...

BRICS countries could swing an "economic wrecking ball" at the dollar, a former White House economist says. The bloc has...

Following its accepted invitation to join the BRICS, the United Arab Emirates (UAE) is reportedly seeking increased trade with China...

Following its rejection of a BRICS invitation issued at its 2023 Annual Summit, China has suspended Argentina’s $6.5 billion currency...

Amid BRICS’ overarching de-dollarization efforts, both Russia and India have settled $40 billion worth of trade in local currency. Indeed,...

One of the major desires of the BRICS bloc has been its attempts to curtail the Western-led SWIFT payment system....

US policymakers should be concerned about a BRICS-led dedollarization, Thomas Hill wrote for the Atlantic Council. New members can provide...

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 dumped the US dollar in the currency market for three consecutive days in December this month. The...

BRICS member India’s local currency the Rupee is falling to a new low on Monday against the US dollar. The...