Browsing Tag
BRICS Currency
219 posts
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…
BRICS Creating a New Currency to Replace the U.S. Dollar Is Laughable
The BRICS alliance is looking to dethrone the U.S. dollar by launching a new currency in international markets.…
BRICS: A New Gold-Backed Currency For Trade Could Be Coming
Reports are rife that the BRICS alliance is working on creating a new currency to settle global trade…
BRICS: 85% of The World’s Population Ready Ditch U.S. Dollar
A growing number of countries are expressing discontent with the U.S. dollar and America’s global financial policies. The…
West Increasingly Panicking About BRICS Using Local Currency: Diplomat
The BRICS alliance is using their respective local currencies to settle cross-border transactions on the heels of the…
BRICS Bank To Increase Funding in Local Currency, Ditching U.S. Dollar
The New Development Bank (NDB) is looking to increase its funding in local currencies and not the U.S.…
Will U.S. Economy Be Impacted if BRICS Trade In Local Currencies?
The BRICS bloc is geared up to take on the U.S. dollar and affect its economy. BRICS Ambassador…
BRICS to Finalize New Currency Plans at Summit
With the event just a few weeks away, the BRICS economic alliance is reportedly set to finalize new…