The share of currencies other than the U.S. dollar and the euro in international reserves is on the rise, according…
local currencies
Vietnam, the Philippines, and Brunei will join a QR payment system to settle cross-border payments using local currencies within the…
This week’s hottest stories detail a potential skyrocketing of bitcoin’s price to $400,000, connected with the upcoming 2024 halving event,…
Russian Foreign Minister Sergey Lavrov has declared that the actions of the BRICS bloc, integrated by Brazil, Russia, India, China,…
The development bank founded by the BRICS bloc of emerging economies aims to promote a multipolar financial system, its head,…
The New Development Bank (NDB), established by the BRICS bloc of emerging economies, has issued its first bonds denominated in…
The heavily anticipated BRICS currency is not on the agenda to be discussed at the economic bloc’s upcoming leaders’ summit,…
Russia is discussing using national currencies in trade settlements with 10 Southeast Asian countries, members of the Association of Southeast…
The BRICS Bank’s vice president and chief financial officer has shed light on the economic bloc’s aspiration to develop a…
Countries in the BRICS bloc intend to encourage the use of local currencies in cross-border trade, their foreign ministers revealed.…
