CurrenciesBRICS to Eliminate US Dollar Financial System in 20241 year agoBRICS nations are continuing their de-dollarization mission at a fast pace to eliminate the U.S. dollar-dominated financial system. Following expansion...
Currencies‘Joint Currency’ Could Be Launched To Challenge US Dollar1 year agoThe new member of BRICS, Iran is urging the alliance to create a new “joint currency” that can be used...
CurrenciesEurope Could Accept BRICS Currency In 20241 year agoAmid the overarching de-dollarization plans, the BRICS alliance has recently stated its currency is an answer for a world “tired”...
CurrenciesBRICS Could Swing ‘Economic Wrecking Ball’ at the Dollar1 year agoBRICS countries could swing an "economic wrecking ball" at the dollar, a former White House economist says. The bloc has...
CurrenciesUAE & China to Increase Trade in Local Currencies1 year agoFollowing its accepted invitation to join the BRICS, the United Arab Emirates (UAE) is reportedly seeking increased trade with China...
CurrenciesChina Suspends Argentina’s $6.5B Currency Swap1 year agoFollowing its rejection of a BRICS invitation issued at its 2023 Annual Summit, China has suspended Argentina’s $6.5 billion currency...
CurrenciesRussia & India Settle $40B of Trade in Local Currency1 year agoAmid BRICS’ overarching de-dollarization efforts, both Russia and India have settled $40 billion worth of trade in local currency. Indeed,...
CurrenciesPaving the Way for a Currency in 2024?1 year agoOne of the major desires of the BRICS bloc has been its attempts to curtail the Western-led SWIFT payment system....
CurrenciesBRICS-Led Effort Against Greenback Should Alarm the US1 year agoUS policymakers should be concerned about a BRICS-led dedollarization, Thomas Hill wrote for the Atlantic Council. New members can provide...
CurrenciesBRICS Currency to be Announced in 2024?1 year agoOver the last year, discussions on a BRICS currency have abounded. Indeed, the five-country bloc welcomed six additional members at...