Brazil's BRICS presidency this year will not advance a common currency for the group of major developing economies this year, ...

BRICS is set to control 40% of the global economy by 2030. Leaders will meet in Rio to discuss trade, while Trump warns of ...

Brazil abandons plans for a common BRICS currency in favor of facilitating trade in national currencies, focusing on ...

Brazil's BRICS presidency focuses on reducing reliance on the U.S. dollar in global trade, drawing criticism from Trump.

Despite these discussions, BRICS members do not intend to eliminate their dollar reserves, and Lula himself has softened his ...

Brazil’s fast-growing instant payments system, Pix, is central to its financial innovation. Brazil also operates a Local ...

The US froze Russia’s dollar assets in 2022 and stunned global holders of US bonds as forex reserves. But the world is stuck ...

India’s cautious stance on de-dollarisation is also shaped by its interest in maintaining economic stability and balancing ...

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

While speculation about a BRICS common currency has fueled debates, Brazilian officials have confirmed that such a move is ...

One of Donald Trump' leading economic agenda this year is mostly about imposing tariffs on foreign imports, and that has ...

Countries like Malaysia and Thailand have expressed interest in joining BRICS, seen as a counterweight to the West, in recent ...