Browsing Tag
CIS
3 posts
De-Dollarization: 2 Countries Settle $37 Billion in Local Currencies
The Commonwealth of Independent States (CIS) bloc, which consists of 12 countries, is advancing payments in local currencies.…
BRICS: 85% Trade Settled in Local Currencies, Not US Dollar
The BRICS alliance is advancing the de-dollarization agenda by using local currencies and rejecting the US dollar for…
BRICS: 12 Countries Ditch US Dollar, Pay 85% Trade in Local Currencies
After BRICS, a new alliance has kick-started the de-dollarization process and is using local currencies for trade and…