BRICS

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...

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...

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...

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...

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 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...

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...

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...