Zimbabwe introduced the ZIG currency, backed by gold, to reduce reliance on the US dollar. Initially successful, ZIG saw a…
Browsing: De-Dollarization
Russia is strategically pioneering a shift away from the US dollar dominance in its trade mechanisms. This initiative, introduced at…
At the recent BRICS summit, an important announcement regarding the inclusion of 13 new partner countries was made. This marks…
A major milestone has been reached at the BRICS summit in Kazan, Russia, as the long-anticipated BRICS currency mock-up has…
Amid vigorous discussions at the BRICS 2024 Summit, President Xi Jinping’s announcement of a new payment system marked a pivotal…
The BRICS 2024 summit in Russia has caught the attention of Western leaders, signalling potential shifts in global economic dynamics.With…
The global financial landscape is witnessing a profound shift as de-dollarization gains momentum.Countries worldwide are actively seeking alternatives to the…
The BRICS alliance is gearing up for a pivotal 2024 summit, inviting 40 nations to discuss reducing reliance on the…
ASEAN nations are quietly but decisively preparing to move away from the US dollar, focusing instead on local currencies. As…
The BRICS alliance, known for its evolving dynamics, stands on the cusp of further expansion in 2024.During the upcoming summit…