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 ...

Russia pushes BRICS digital finance shift as de-dollarization accelerates, aiming to reduce reliance on U.S.-controlled ...

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

THE exorbitant privilege the United States enjoys from the dollar being unambiguously the world’s reserve currency is under attack again. The emerging market BRICS countries of Brazil ...

India has "absolutely no interest" in undermining the US dollar, and its fellow members of the Brics grouping of emerging economies have not formed a unified position on a proposed alternative ...

February 13, 2025 Brazil nixes BRICS currency, eyes less reliance on 'mighty' dollar Brazil's BRICS presidency this year will not advance a common currency for the group of major developing ...

When Piyush Goyal, India’s minister of commerce and industry, visited Washington in October, he gleefully shared photos of his talks with his Biden administration counterparts, Gina Raimondo and ...

S. Jaishankar reaffirms Brics commitment of making global governance more inclusive, dismisses Dollar undermining amid Trump’s 100 per cent tariff warning India has reaffirmed its commitment to ...