BRICS

BRICS members are accelerating moves to reduce reliance on the U.S. dollar through linked central bank digital currencies (CBDCs) and new payment systems.Dollar-denominated reserves...

Zimbabwe has formally applied to join BRICS and has notified all member states while awaiting their feedback.BRICS now counts 11 full members after Indonesia...

The Reserve Bank of India proposed linking all BRICS nations’ CBDCs for trade.India hosts the 2026 summit in New Delhi, and the Modi-led government...

BRICS has been the largest buyer of Gold in three years and is shifting reserves away from dollar-denominated assets.Gold hit a record high of...

India began its BRICS presidency on January 1, 2026, and is steering the bloc toward reduced dependence on the United States.Member states are discussing...

Reserve Bank of India has proposed linking central bank digital currencies among BRICS to ease cross-border trade and tourism payments.The recommendation would be placed...

BRICS members reached a 2025 milestone with roughly 25% of mutual trade settled in local currencies.Russia and China now settle about 99.1% of bilateral...

JPMorgan forecasts the US dollar will fall about 3% into mid-2026 amid expected Federal Reserve easing.Bank strategists cite labor market softness and shifts into...