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Category dedollarization

MainNewsdedollarization
Dedollarization Is Not Our Objective: India Clarifies Currency Goals

Dedollarization Is Not Our Objective: India Clarifies Currency Goals

ndia rejects de-dollarization narratives, with the Reserve Bank of India (RBI) prioritizing local currency trade agreements to shield its economy f...
South Africa Says BRICS Has No Plans To Create New Currency After Trump Issues Warning Against Dedollarization: Report

South Africa Says BRICS Has No Plans To Create New Currency After Trump Issues Warning Against Dedollarization: Report

Reports on a new BRICS currency designed to compete against the US dollar are fundamentally false, according to leaders in South Africa. In a state...
Russia, India, Africa Advance Bold Plans to Sideline US Dollar

Russia, India, Africa Advance Bold Plans to Sideline US Dollar

Russia, India, and several African nations are accelerating dedollarization, embracing national currencies in trade to enhance economic independenc...
Russia Drives Dedollarization Forward With BRICS — Brazil Now Leads Next Steps

Russia Drives Dedollarization Forward With BRICS — Brazil Now Leads Next Steps

Russia’s push for BRICS to abandon the U.S. dollar has reached critical milestones, with formalized agreements and functioning alternatives to West...
BRICS Slashes US Dollar and Euro Transactions to Below 30%

BRICS Slashes US Dollar and Euro Transactions to Below 30%

BRICS nations are increasingly using national currencies, with 65% of transactions now conducted in local currencies, according to a Russian financ...