Zimbabwe’s ZiG is the world’s newest currency
HARARE, Zimbabwe (AP) — Out with the Zimbabwe dollar, in with the ZiG.Zimbabwe on Tuesday started circulating a new currency...
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Russia gives mixed signals about common BRICS digital currency – Ledger Insights
At the BRICS (Brazil, Russia, India, China, South Africa) summit last year, the much-anticipated announcement of a common digital currency gave way...
Is part of the world de-dollarising?
Is this current weakness just another passing episode, as has happened on other occasions since the end of Bretton Woods?...
bne IntelliNews – BRICS announce a blockchain-based payment system to create a common currency
For a long time, the BRICS countries have been trying to move away from the dollar, but creating a common...
EM Forex to Struggle While Fed Stays Cautious on Rate Cuts
By Vivek Mishra and Vuyani NdabaBENGALURU/JOHANNESBURG (Reuters) - Emerging market currencies won't stage significant recoveries against the dollar in the...
Nigeria’s Naira Woes Point to Africa’s Bigger Currency Depreciation Problem
On Tuesday, Nigeria’s central bank announced a supersized 400-basis-point rate hike in the fight against inflation and its depreciating currency....
Finance ministers discuss BRICS Bridge digital currency payments – Ledger Insights
Yesterday BRICS finance ministers and central bank governors met in Sao Paulo, Brazil. After the meeting, Russia’s Ministry of Finance said they...
Chinese yuan gives US dollar a run for its money as African trade embraces other currencies
But it was in the southern nation of Zambia where BOC established its first African subsidiary, allowing customers to make...
New BRICS World Currency And Trade Alliance Might Be Dead Before Getting Started Amid Disagreement And US Dollar Still Used In 90% Of All Trade
An audacious call from Brazil President Luiz Inacio Lula da Silva for the BRICS nations to establish a shared currency...
Here’s What 5 World Leaders Said Amid BRICS Summit
De-dollarization was a closely watched topic amid the BRICS summit last week. But BRICS nations appear divided on the issue,...
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