A BRICS currency was a topic at the 2024 BRICS Summit that took place October 22 to 24 in Kazan, Russia. At the summit, the ...

At the Russian Energy Week forum in Moscow, President Vladimir Putin announced that the BRICS nations are actively working on creating their own payment and settlement system. This initiative is ...

The BRICS Currency Initiative, aimed at reducing reliance on the US dollar and potentially creating an alternative reserve currency, faces significant hurdles that make it unlikely to challenge the ...

Brazil pushes crypto in BRICS trade, aiming for digital settlements to reduce reliance on Western financial systems and the U.S. dollar.

But more alarming to India – as well as other members of the Brics economic alliance ... its reliance on the US dollar as its trade currency. Claiming Brics was “dead”, Trump threatened ...

The emerging market BRICS countries of Brazil ... even less manageable. A common currency is on the agenda. One Russian idea is to make it part-backed by gold – although moving gold bars ...

MOSCOW, January 31. /TASS/. BRICS is not discussing the creation of a common currency, Kremlin Spokesman Dmitry Peskov said, adding that the association is discussing the formation of common ...

At the summit, the BRICS nations continued their discussions of creating a potentially gold-backed currency, known as the "Unit," as an alternative to the US dollar. Central to this ongoing ...