CurrenciesBRICS bank to release bonds in local currencies10 months agoBRICS, a bloc of leading emerging markets, is preparing to launch new bonds in global markets, which will be available...
CurrenciesU.S. Dollar Ranks Last in the Top 10 Currency List10 months agoBRICS and a handful of developing countries are looking to dethrone the U.S. dollar from the global reserve currency status....
CurrenciesBRICS Bank To Raise $3 Billion in Local Currencies, Not US Dollar11 months agoIn the latest move of strength to push the de-dollarization initiative, the BRICS bank announced it will raise $3 billion...
CurrenciesBRICS Offers Bonds Worth $28 Billion in Local Currency, Not US Dollar11 months agoThe BRICS bank, commonly called the New Development Bank (NDB) is preparing to launch new bonds in the global markets....
CurrenciesBRICS to Eliminate US Dollar Financial System in 202411 months 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 Dollar11 months 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 202411 months 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 Dollar11 months 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 Currencies11 months 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 Swap11 months agoFollowing its rejection of a BRICS invitation issued at its 2023 Annual Summit, China has suspended Argentina’s $6.5 billion currency...