Browsing Tag
BRICS Currency
216 posts
BRICS Currency Is Almost Ready, Confirms Economist
Russian economist Sergey Glazyev made a huge announcement on the development of the upcoming BRICS currency. The soon-to-be-released…
Experts Predict If BRICS Currency Can Dethrone the U.S. Dollar
The BRICS alliance is open to the idea of launching a common currency to challenge the U.S. dollar.…
BRICS Looking To Settle Trade in Local Currencies
The idea of BRICS launching a new currency to take on the U.S. dollar turned futile this year.…
Why Is The US Treasury Offering Higher Yields & Not BRICS Currencies?
The U.S. Treasury is offering higher yields from Q3 this year when compared to the returns fetched by…
US Dollar Reaches 10-Month High, Weakens BRICS Currencies
The US dollar reached a 10-month high on Wednesday against other currencies in the foreign exchange markets. Local…
BRICS Currency To Be ‘Linked’ With Gold, Says Economist
BRICS is looking to create a common currency using gold that could challenge the US dollar in the…
BRICS Gold-Backed Currency Will Fail, Says Analyst
With rampant discussion of a BRICS gold-backed currency, one market analyst has shared why they believe the idea…
BRICS: What Are the Challenges For Setting Up a New Currency?
Brazil’s President Luiz Lula da Silva said on Wednesday that BRICS is discussing setting up a new currency…
BRICS Discussing to Launch a New Settlement Currency for Global Trade
The BRICS countries will begin discussions to launch a new settlement currency for global trade and exports. Brazil’s…
BRICS: India and China Remains Crucial to Currency Development
In a recent interview with the Financial Times, the man who coined the BRICS name, Jim O’Neill, called…