The grouping does not have a common currency, but long-running discussions on the subject have gained some momentum.

President Trump vowed to impose tariffs of up to 100 percent on countries that back a new reserve currency among the BRICS ...

FNA director for central banks and financial market infrastructure, Carlos León, outlines how US President Trump will impact ...

US President Trump has warned Brics member countries of 100 per cent tariffs should the bloc create its own currency. Read ...

Rupee recovers 3 paise against US dollar as Trump pauses tariffs, RBI meeting ahead, manufacturing sector grows.

The Indian rupee recovered 13 paise against the US dollar on Tuesday after President Trump agreed to pause tariffs on Mexico ...

The rupee recovered 13 paise from its all-time low closing level to 86.98 against the US dollar in early trade on Tuesday, ...

The US Dollar Index (DXY), which tracks the performance of the US Dollar against six major currencies, is dipping lower in immediate reaction to the US Jolts Job Openings report for December. The ...

Senator Lummis advocates a Strategic Bitcoin Reserve to reduce US debt and strengthen the dollar, with growing legislative support.

Senator Cynthia Lummis has proposed creating a Strategic Bitcoin Reserve as a way to tackle the massive $36 trillion national ...

US President Donald Trump has threatened BRICS nations with 100% tariffs if they replace the US dollar as reserve currency. He has also threatened Canada and Mexico with tariffs.

The dollar index was up 0.3% at 109.8, while Asian currencies weakened, with the offshore Chinese yuan down 0.5% at 7.35 per ...