BRICS Advances Local Currency Settlements in Trade
BRICS nations are accelerating direct trade settlements in local currencies, bypassing the US dollar, according to a Central Bank of Brazil report and fintech analysis.
Indonesia joins BRICS New Development Bank with $1 billion contribution
Indonesia’s investment in the BRICS NDB marks its active participation in the bloc’s financial architecture
Indonesia joins BRICS Bank with $1 billion initial investment
New Development Bank receives first contribution from Indonesia as full BRICS member
BRICS Successfully Launch Gold-Backed UNIT
BRICS introduces UNIT, a collateral-anchored settlement instrument for cross-border trade in a multipolar financial system.
De-Dollarisation Campaign: India, Russia, China Tighten Grip Against USD – Will The Currency Survive?
BRICS members India, Russia, and China advance local currency trade and explore a common alternative to challenge US dollar dominance in global finance.
Russia Launches BRICS-Focused ‘Molniya’ Messaging Platform
New digital platform aims to enhance cross-border communication between Russia, China, and BRICS nations in tourism, business, and cultural sectors.
Putin states common currency not immediate BRICS goal
Russian President Vladimir Putin clarifies BRICS’ position on de-dollarization during India visit
Putin questions G7’s ‘great nation’ status, calls India bigger economy than G7 countries
Russian President Vladimir Putin criticized G7 economies during his India visit, highlighting India’s growing economic stature and advocating for BRICS, SCO, and G20 as more relevant forums.
Putin: No Current Plan for Unified BRICS Currency
Russian President Vladimir Putin clarifies BRICS’ position on currency unification during India visit