A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of its members. While the plan
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Russian Foreign Minister Sergey Lavrov States De-Dollarization ‘Can No Longer Be Stopped’
Russian Foreign Minister Sergey Lavrov has spoken on the current shift to national currencies and the de-dollarization international markets are currently experiencing. In a press
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BRICS Currencies to Have No Alternative, Former Russian President Medvedev Says
Fiat currencies of BRICS member states will have no alternative in the future, according to former President of Russia Dmitry Medvedev. Nations in the bloc
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Brazil’s President Lula Voices Support for BRICS Currency
Brazil’s president, Luiz Inacio Lula da Silva, has expressed support for the creation of a BRICS currency. His statement of support comes as the BRICS
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BRICS ‘Getting Applications to Join Every Day,’ Attracts 19 Requests Before Summit
Over two dozen nations have applied for BRICS membership ahead of its upcoming annual summit, the representative of the hosting nation revealed in an interview.
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Indonesia Is Following BRICS De-Dollarization Lead, Says Central Bank Governor
Indonesia is following the BRICS’ lead in de-dollarization and shifting away from the U.S. dollar in trade settlements and financial transactions, according to the country’s
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