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Currencies

BRICS can set brighter world via national currencies and new banking platforms – Pezeshkian

BAKU, Azerbaijan, October 24. BRICS member countries or countries affiliated with the group can establish a better world for all by using national currencies and new banking platforms in trade cycles, Iranian President Masoud Pezeshkian said at the first plenary session held in the BRICS+ format in Kazan on October 24, Trend reports. He asserts that cryptocurrencies, the New Development Bank (NDB), the Contingent Reserve Arrangement, and others ought to be included in this list. Pezeshkian asserted that BRICS and BRICS+ ought to establish and execute a transparent and equitable...
Currencies

Expert Analysis by Global Broker Octa

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 16 October 2024 - The U.S. dollar holds significant sway over global markets, particularly for traders in India and Southeast Asia. This release highlights the critical importance of monitoring the dollar's value and explores how its fluctuations affect currency pairs, commodity prices, and market strategies in the region. The U.S. dollar's dominance in global trade and finance is unparalleled. Around 88% of all foreign exchange transactions involve the U.S. dollar, solidifying its position as the backbone of international markets. For traders in...
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