BRICS

India, Russia to Discuss Rupee Trade in BRICS Amid Tariff Tensions

India will hold high-level talks with Russia in Moscow on August 20-21 to discuss settling trade deals using India’s currency. The goal is to strengthen...

India Balances BRICS Push, Rejects Full De-Dollarization, Expands Rupee Trade

India rejects full de-dollarization and keeps its financial agenda open to the U.S. dollar.India is expanding its currency agreements, enabling trade using its own...

BRICS Gold Buying Surges 41% as Dollar Reserves Drop, 2026 Talk Grows

Central banks purchased 166 tonnes of Gold in Q2 2025, a 41% increase over typical levels. BRICS countries are rapidly reducing their U.S. dollar holdings...

JPMorgan Warns BRICS De-Dollarization Is Reshaping Global Markets

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: India to Lead BRICS with Fastest GDP Growth by 2026

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 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...

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...

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...

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