BRICS’ Indonesia, Russia in Talks to Use Local Currencies for Trade
Jakarta. A Russian diplomat said Monday that his country had engaged in talks to use local currencies for trade with...
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Putin Says Russia Is ‘Not Refusing, Not Fighting’ the Dollar
Russian President Vladimir Putin tempered expectations on de-dollarization at BRICS' summit.BRICS aims to use local currencies, not create a SWIFT...
Fed Rate Hikes Have Pushed More Firms to China’s Yuan
The Fed's hiking cycle has made dollar credit more expensive and scarcer, the Atlantic Council wrote. China's yuan has benefited...
India Proposes Local Currency Use in Trade with Indonesia
Jakarta. Indian Ambassador to Indonesia Sandeep Chakravorty said Friday that he hoped both economies could trade using rupiahs and rupees....
