Former President Donald Trump’s Advisers Explore Penalties for Nations Ditching US Dollar
Former U.S. President Donald Trump’s economic advisers are reportedly devising strategies to deter nations from reducing their reliance…
Browsing Tag
national currencies
23 posts
Dollar Share in Reserves Drops Below 60%, Yuan Rises, Russian Diplomat Says
The share of currencies other than the U.S. dollar and the euro in international reserves is on the…
BRICS Bank Issues First ZAR Bonds as It Looks to Use Local Currencies
The New Development Bank (NDB), established by the BRICS bloc of emerging economies, has issued its first bonds…
Russia Says BRICS Currency Unlikely in Near Future but De-Dollarization Grows Globally
Russia says that a common BRICS currency is unlikely to be feasible in the near future but the…
BRICS Currency Not on Agenda for Leaders’ Summit — Nations to Focus on De-Dollarization
The heavily anticipated BRICS currency is not on the agenda to be discussed at the economic bloc’s upcoming…
‘Historic’ BRICS Summit to Be Held Without Putin in Person
Russian President Vladimir Putin will not travel to Johannesburg for the BRICS summit in August, according to the…
Russia, 10 Southeast Asian Nations Discuss Using National Currencies in Trade Settlements
Russia is discussing using national currencies in trade settlements with 10 Southeast Asian countries, members of the Association…
Iran Looking to Replace Dollar With Dinar in $10 Billion Trade With Iraq
Iran’s government considers employing the Iraqi dinar in bilateral trade with Iraq in a bid to further curtail…
BRICS Bank Official Discusses Common Currency as Reports of Gold-Backed BRICS Currency Gain Attention
The BRICS Bank’s vice president and chief financial officer has shed light on the economic bloc’s aspiration to…
Egypt Applies for BRICS Membership, Seeks Trade in National Currencies
Egypt has filed an application to join the BRICS bloc, Russia’s ambassador to the Arab nation confirmed. The…