local currencies

Former President Donald Trump’s Advisers Explore Penalties for Nations Ditching US Dollar

Former U.S. President Donald Trump’s economic advisers are… More…

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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… More…

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Vietnam, the Philippines, and Brunei to Join ASEAN QR Payment System to Reduce Dependence on US Dollar

Vietnam, the Philippines, and Brunei will join a QR payment system… More…

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Analysis Says 2024 Halving Could Push Bitcoin to $400K, BRICS Declares Importance of Local Currencies in Trade — Week in Review

This week’s hottest stories detail a potential skyrocketing… More…

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Russian Foreign Minister Sergey Lavrov: BRICS Is Focused on Reducing Dependence on US-Controlled System

Russian Foreign Minister Sergey Lavrov has declared that the actions… More…

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Local Currencies Are Not Alternatives to the Dollar but the System, BRICS Bank Chair Says

The development bank founded by the BRICS bloc of emerging economies… More…

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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… More…

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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… More…

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Russia, 10 Southeast Asian Nations Discuss Using National Currencies in Trade Settlements

Russia is discussing using national currencies in trade settlements… More…

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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… More…

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