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Category dedollarization

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...
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...
India Denies Targeting US Dollar as Dedollarization Reshapes Global Trade

India Denies Targeting US Dollar as Dedollarization Reshapes Global Trade

India’s External Affairs Minister S. Jaishankar clarified that the country is not targeting the U.S. dollar in its economic policy, despite shifts ...