Browsing Tag
Local Currency
47 posts
BRICS: 2 Countries Ditch US Dollar, Settle 90% Trade in Local Currency
BRICS members are advancing the de-dollarization agenda by using local currencies for cross-border transactions and not the US…
De-Dollarization: The Idea of Undermining the US Dollar Is Dead
US President Donald Trump vowed to put an end to the de-dollarization initiative kick-started by developing countries to…
BRICS: 2 Countries ‘Commit’ To Ditch the US Dollar
Russia is in talks with the new BRICS member Ethiopia to trade in local currencies and not the…
Brazil Rejects BRICS Currency But Plans to Reduce US Dollar Dependency
Brazil is all set to chair the 17th BRICS summit in Rio de Janeiro in July this year.…
De-Dollarization: 2 Countries Settle 80% of Trade in Local Currencies
The de-dollarization agenda is advancing globally as like-minded countries are settling trade in local currencies and not the…
BRICS: Russia & Myanmar to Trade In Local Currency, Ditch US Dollar
Russia is reaching out to Myanmar to advance and strengthen the de-dollarization agenda in 2025. BRICS member Russia…
2 Countries to Sign Defense Deals in Local Currencies, Ditch US Dollar
Russia and Iran will sign a comprehensive defense deal defying the West and usher into a new era…
U.S. Dollar Grows Stronger in 2025, Trounces Local Currencies
The U.S. dollar is marching ahead in the forex markets by trouncing leading local currencies in the charts…
BRICS: 2 Countries Settle $37 Billion Trade in Local Currencies
BRICS member Russia is aggressively pushing the de-dollarization agenda by making developing countries settle trade in local currencies.…
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.…