BRICS

BRICS countries are moving ahead with plans to reduce their reliance on the U.S. dollar in global trade and finance.JPMorgan research finds that these...

Morgan Stanley projects India to be the fastest-growing economy in the BRICS group through 2026. India’s gross domestic product (GDP) is expected to grow by...

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...

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...

BRICS alliance slowed its efforts to challenge the U.S. dollar following tariff threats from former President Donald Trump. The group had previously shifted...

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...

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...

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...