Browsing Tag
Local Currency
55 posts
BRICS Pays $4,000,000,000 in Local Currency, Sidelines US Dollar
Russia purchased arms manufactured by its BRICS counterpart India by paying $4 billion in local currencies and not…
BRICS: IMF Confirms US Dollar Is in Jeopardy
The International Monetary Fund (IMF) commonly called the World Bank, confirmed that the US dollar is in jeopardy…
US Dollar Crashes To 104 But Currency Traders Are Buying the Dip
The US dollar crashed during the trading hours on Wednesday falling to a low of 104.22 in the…
BRICS Ditches US Dollar, Settles $4 Billion Trade in Local Currencies
BRICS members India and Russia ditched the US dollar and settled payments worth $4 billion in local currencies.…
Currency: What To Expect From the U.S. Dollar This Week?
The currency market is geared up for a string of developments this week that challenges the U.S. dollar’s…
BRICS: 2 New Countries Agree To Ditch US Dollar
BRICS is convincing other developing countries to use local currencies and ditch the US dollar for global trade.…
BRICS: 11 Currencies Dip Against the US Dollar
The US dollar is hammering its way to the top outperforming every leading currency in the world, including…
U.S. Dollar Batters 22 Asian Currencies in a Row
The DXY index, which measures the performance of the U.S. dollar shows the currency hovering around the 106…
BRICS Conducts $260 Billion Worth Trade Without the US Dollar
BRICS is advancing to eliminate the US dollar in all of its global trade and transactions in 2024.…
BRICS: Another Country to Ditch US Dollar & Pay Local Currency
The BRICS alliance is forming new trade agreements where the usage of local currencies will be prioritized over…