South Africa has denied reports that the Brazil, Russia, India, China and South Africa (BRICS) economic bloc is planning to create its own currency. Trump
Read moreThe Rise of BRICS Currency and BRICS Pay: A New Era for Global Finance?
At last week’s BRICS summit, Brazil, Russia, India, China, and South Africa made waves with plans to reshape global finance, moving closer… Continue reading on
Read morePutin Discusses BRICS Currency and Swift Alternative
Russian President Vladimir Putin has emphasized the need for independent financial systems within BRICS, focusing on developing an alternative to Swift. He addressed the idea
Read moreFormer Russian PM: BRICS Not Ready for Common Currency
Sergey Stepashin, Russia’s former prime minister, explained that it’s premature to discuss a common BRICS currency, emphasizing the importance of increasing payments in national currencies
Read moreIran Backs Russia on BRICS Single Currency Initiative
Iran plans to support Russia’s initiatives on creating a BRICS single currency and expanding national currency payments within the bloc, according to Iran’s Ambassador to
Read moreRussia and Iran Collaborating on Single BRICS Currency, Iranian Ambassador Says
Russia and Iran are collaborating on creating a single BRICS currency, the Iranian ambassador to Russia has claimed. He noted that over 60% of the
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