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Category national currencies

MainNewsnational currencies
BRICS, SCO Align on Unified Payment System to Reduce Dollar Reliance

BRICS, SCO Align on Unified Payment System to Reduce Dollar Reliance

The Shanghai Cooperation Organization (SCO) is advancing talks on a unified payment system to increase national currency use, aligning with BRICS e...
Brazil Pushes BRICS to Shift From US Dollar, Advocating National Currencies in Global Trade

Brazil Pushes BRICS to Shift From US Dollar, Advocating National Currencies in Global Trade

Brazil pushes for a shift away from the U.S. dollar within the BRICS alliance, advocating for more use of national currencies in trade among member...
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...
BRICS Nations to Expand Use of National Currencies Through New Financial Platform

BRICS Nations to Expand Use of National Currencies Through New Financial Platform

Russian presidential aide Yury Ushakov announced new BRICS initiatives to increase the use of national currencies in trade, backed by financial inf...
BRICS Unified Currency Deemed Premature by Russian Official

BRICS Unified Currency Deemed Premature by Russian Official

Russia’s Deputy Foreign Minister has stated that discussions on a single currency for the BRICS economic bloc are premature due to differences in f...