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 ...

BRICS continues to develop a cross-border payment system that could ultimately accelerate de-dollarization and create ...

But Yvonne Blaszczyk suggests the asset’s growth is nowhere near hitting its ceiling, with the CEO predicting gold will rise ...

The BRICS economic bloc, comprising Brazil, Russia, India, China, and South Africa, has been accelerating efforts to ...

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

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 ...

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 ...

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 ...