South Africa’s minister of finance has explained why he believes that no country is ready for a common currency, including…
BRICS Summit
The BRICS leaders stress “the importance of encouraging the use of local currencies in international trade and financial transactions” in…
The BRICS economic bloc has invited six countries to become new members: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the…
Brazil’s President Luiz Inacio Lula da Silva has stated that the BRICS economic bloc does not want to be “a…
Chinese President Xi Jinping stated at the BRICS summit that “What people in various countries long for is definitely not a…
Russian President Vladimir Putin said at the BRICS summit that “A balanced, irreversible process of de-dollarization of our economic ties…
The New Development Bank (NDB), also known as the BRICS Bank, is reportedly planning to issue its first Indian rupee…
A top Indian official has downplayed the creation of a shared BRICS currency. Emphasizing that “common currency discussions have several…
South Africa, the host of the BRICS summit this year, has confirmed that more than 40 heads of state will…
A market analyst says that the recent decline and volatility in the Chinese yuan, the Russian ruble, and to a…
