BRICS
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BRICS Currency Strategy Focuses on Payment Systems, Not Dollar Collapse
BRICS countries are developing new payment systems to reduce reliance on the U.S. dollar.
No unified BRICS currency currently exists; efforts center on infrastructure like...
News
India Rejects BRICS De-Dollarization, Supports US Dollar in Trade
India confirmed it will not participate in BRICS plans to reduce dependence on the U.S. dollar.
Indian officials stated there are no current discussions about...
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Trump Tariff Threat Derails BRICS Push for Common Currency
BRICS alliance slowed its efforts to challenge the U.S. dollar following tariff threats from former President Donald Trump.
The group had previously shifted...
News
BRICS Nations Boost Local Currency Trade, Drop Joint Currency Plan
BRICS countries are increasing use of local currencies in trade settlements.
The alliance did not discuss the creation of a new joint currency during the...
News
BRICS 2025 Summit Ignores New Currency, De-Dollarization Plans
BRICS leaders did not discuss launching a new common currency or a de-dollarization agenda during the 2025 summit.
The summit took place in Rio de...
News
Putin: 90% of BRICS Transactions Now Settled in Local Currencies
BRICS confirmed that 90% of all transactions among member countries are now settled in local currencies.
The announcement came during the 2025 BRICS summit in...
News
Symbolic 200 BRICS Bank Note Unveiled at 2025 Summit Sparks Buzz
A 200-denominated BRICS bank note appeared at the 2025 St. Petersburg forum, generating discussions online.
The note features flags and national birds of all BRICS...
News
BRICS to Launch Multilateral Guarantee Fund at Rio Summit
BRICS plans to introduce a new investment guarantee fund for member countries.
The fund will be supported by the New Development Bank to reduce financing...
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