Browsing Tag
Local Currency
55 posts
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.…
BRICS: 2 Countries Pay 80% of Trade in Local Currencies, Not US Dollar
BRICS member Russia confirmed that it has settled 80% of trade with its neighboring country Kazakhstan in local…
BRICS: 2 Countries Officially Abandon the US Dollar for Trade
BRICS members Russia and Iran announced that they have officially abandoned the US dollar for trade between the…