Tag: Local Currency

Russia Aims For BRICS Declaration With 90% Trade in Local Currencies

Russia hopes for a consensus declaration on the upcoming BRICS summit, with…

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China & Egypt Agree To Settle in Local Currency, Move Away From US Dollar

China and Egypt have formally agreed to settle cross-border transactions in native…

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Only 35% of Trade Among BRICS Countries Settled in the US Dollar

The BRICS alliance has taken its de-dollarization agenda fairly severely since 2022…

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This BRICS Country Settled 60% of its Foreign Trade in Local Currency

A BRICS member introduced that it had settled 60% of its international…

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BRICS in Action: India Increasingly Dumps US Dollar for Oil Trade

Simply when the US allowed India to obtain Russian oil in early…

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BRICS Nation With $4 Trillion GDP Settles 90% Trade in Local Currency

Russian President Vladimir Putin is in India, holding talks with Prime Minister…

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US Dollar Out: $5.2 Billion Worth of Deals Paid in Local Currencies

Russia and Kyrgyzstan have a commerce turnover of over $5.4 billion from…

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BRICS Bank To Fund Climate Projects in Local Currencies

Dilma Rousseff, the President of the New Improvement Financial institution (NDB), introduced…

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BRICS Announces Right To Uphold Trading in Local Currencies

Brazil’s Finance Minister Fernando Haddad criticized the White Home for weaponizing the…

3 Min Read