Browsing Tag
Local Currency
42 posts
BRICS Bank To Raise $3 Billion in Local Currencies, Not US Dollar
In the latest move of strength to push the de-dollarization initiative, the BRICS bank announced it will raise…
BRICS: Russia & Iran End SWIFT, Start Bank Transfers in Local Currency
BRICS members Russia and Iran have officially abandoned the SWIFT payment system for cross-border transactions. The two countries…