BRICS
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South Africa’s BRICS Future Uncertain After Rejecting Bloc’s Currency
South Africa has publicly rejected BRICS plans to create a shared currency and move away from the U.S. dollar.
Officials clarified that reports about a...
News
BRICS Leaders Accused of Swiss Bank Billions, Wealth Inequality
Consolidation of wealth and allegations of corruption among BRICS leaders and businessmen
Significant sums from BRICS nations reportedly deposited in Swiss and offshore banks
Persistent economic...
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BRICS De-Dollarization Fuels Higher US Borrowing Costs: JPMorgan
BRICS countries are accelerating efforts to move away from the U.S. dollar, raising concerns for U.S. borrowing costs.J.P. Morgan warns that this de-dollarization could...
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BRICS Currency Designs Unveiled as 2026 Launch Gains Momentum
BRICS officials unveil new currency prototypes with plans for a 2026 rollout.
Test banknotes in three denominations have been distributed among member countries to symbolize...
News
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...
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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...
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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...
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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...
Latest news
Crypto VC Inflows Hit $1.4B Through Early 2026
Institutional and venture capital commitments to crypto companies reached $1.4 billion at the start of 2026.Major activities include Rain's...
Brazil Sells $61B in US Treasuries, Buys Gold in 2026
Brazil sold $61 billion in U.S. Treasury securities in 2026, using the proceeds to purchase Gold.BRICS nations are leading...
U.S. Sanctions Crypto Exchanges Aiding Iran’s Regime
The U.S. Treasury Department has, for the first time, sanctioned entire cryptocurrency exchanges under Iran-specific financial sanctions.The sanctioned platforms,...
