The BRICS leaders stress “the importance of encouraging the use of local currencies in international trade and financial transactions” in their declaration released at the
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BRICS Invites 6 Countries to Join, Including Saudi Arabia, UAE, Iran
The BRICS economic bloc has invited six countries to become new members: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates. The BRICS
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BRICS Countries Can Use India’s UPI Instant Payment System, Prime Minister Modi Suggests
Member states of the BRICS bloc can follow the example of other nations and start using India’s Unified Payments Interface (UPI) system, according to Prime
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BRICS Discussing Single Unit of Account, Alternative to Dollar, Russian Finance Minister Says
The BRICS members are mulling over the possible launch of a common unit of account, Russia’s Minister of Finance Anton Siluanov unveiled. This would be
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Brazil’s President Says BRICS Not Seeking to Counter US, G7, or G20 — Pushes for BRICS Currency
Brazil’s President Luiz Inacio Lula da Silva has stated that the BRICS economic bloc does not want to be “a counterpoint to the G7, G20,
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Local Currencies Are Not Alternatives to the Dollar but the System, BRICS Bank Chair Says
The development bank founded by the BRICS bloc of emerging economies aims to promote a multipolar financial system, its head, Dilma Rousseff, has indicated. As
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