archiveBRICS

BRICS kick-started the global de-dollarization program after the U.S. pressed sanctions on Russia in February 2022 for invading Ukraine. The...

The US dollar is hammering its way to the top outperforming every leading currency in the world, including that of...

At the BRICS (Brazil, Russia, India, China, South Africa) summit last year, the much-anticipated announcement of a common digital currency gave way...

The BRICS alliance is forming new trade agreements where the usage of local currencies will be prioritized over the US dollar. Developing countries...

The BRICS alliance kick-started the de-dollarization agenda to pull the US dollar down from the global reserve status and replace...

BRICS is not the only alliance that is looking to topple the US dollar as the world’s reserve currency. It...

With the BRICS alliance continually exploring de-dollarization, India has recently expanded digital currency access amid the growing global shift. Indeed,...

BRICS is the largest buyer of gold in 2023 as members accumulated tons of the precious metal, reported the World...

Is this current weakness just another passing episode, as has happened on other occasions since the end of Bretton Woods?...

For a long time, the BRICS countries have been trying to move away from the dollar, but creating a common...