Browsing Tag
BRICS Currency
203 posts
BRICS: France Could Ditch U.S. Dollar, Argentina & Pakistan Pay With Chinese Yuan
France is looking to attend the upcoming BRICS summit in South Africa, Johannesburg in August. French President Emmanuel…
Will the U.S. Dollar Collapse if BRICS Launches New Currency?
The BRICS alliance will jointly decide on the formation of a new currency in the next summit in…
BRICS: U.S. Dollar Declines 0.11%, Chinese Yuan Transactions Reach January 2022 Highs
The Chinese Yuan’s share in global SWIFT transactions reached its highest activity since January 2022. The overall international…
BRICS Currency: Do the Pros Outweigh the Cons?
The upcoming BRICS Summit is set to be vital for the economic bloc. Moreover, as expansion is set…
BRICS Currency Is Not Going To Take Over the U.S. Dollar: Here’s Why
BRICS is an alliance of Brazil, Russia, India, China, and South Africa. The alliance of five nations is…
Bangladesh Formally Sends Application To Join the BRICS Alliance
Bangladesh has sent a formal application to join the BRICS alliance. Bangladeshi Prime Minister Sheikh Hasina put forward…
BRICS: Kenya Urges African Countries To Stop Using the U.S. Dollar for Global Trade
Kenya’s President William Ruto urged African countries to stop trading with the U.S. dollar for cross-border transactions. Ruto…
BRICS: Iraq Bans U.S. Dollar, Egypt Ditches USD, France & Pakistan Pay With Chinese Yuan
Iraq’s Interior Ministry placed a ban on U.S. dollar transactions across the country in a move to strengthen…
BRICS Currency: Could it be Pegged to the Chinese Yuan?
With the BRICS Summit on the horizon, all eyes are on the expansion of the bloc, and the…
China Intending to Dethrone the U.S. Dollar With BRICS Expansion
China remains the main force that is driving the BRICS expansion process intending to dethrone the U.S. dollar.…