Analysts of ING bank believe the de-dollarization trend that has been growing in the world might pick up momentum due to the possible expansion of
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BRICS Bank Issues First ZAR Bonds as It Looks to Use Local Currencies
The New Development Bank (NDB), established by the BRICS bloc of emerging economies, has issued its first bonds denominated in South African rand (ZAR). The
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US Dollar to Remain Major Global Currency, South Africa’s BRICS Sherpa Says
BRICS plans to discuss trade in national currencies at its summit but de-dollarization is not on the agenda, South Africa’s BRICS Sherpa stated. The talks
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BRICS Is No Joke, Bloc Could Become G7 Counterpart, Experts Say
The BRICS challenge to the world’s established economic order is not a joke, according to experts in the field of international relations. Now that the
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Latam Insights — Honduras Opens Public CBDC Consultation, Venezuela Applies to Enter BRICS
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Honduras opens a
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Venezuela Presents Official Request to Join BRICS
The government of Venezuela formalized its proposal to be part of BRICS, a geopolitical and economic bloc comprised of Brazil, Russia, India, China, and South
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