The global financial landscape is witnessing a profound shift as de-dollarization gains momentum.Countries worldwide are actively seeking alternatives to the…
Browsing: local currencies
The BRICS alliance is gearing up for a pivotal 2024 summit, inviting 40 nations to discuss reducing reliance on the…
As the BRICS summit looms, discussions around a shared currency are gaining traction, with Russia at the forefront.The impending summit…
ASEAN nations are quietly but decisively preparing to move away from the US dollar, focusing instead on local currencies. As…
BRICS nations are spearheading a shift in global oil trade by settling 78% of transactions in local currencies. This move…
The BRICS alliance has unveiled an innovative payment system designed to bypass the need for the US dollar in international…
In a significant shift in global trade dynamics, BRICS nations have moved to settle 65% of their trade using local…
The Commonwealth of Independent States (CIS) is reshaping global trade dynamics by opting for local currencies over the US dollar.…
In a groundbreaking shift, Nigeria has announced it will cease using the US dollar for its oil transactions.This bold decision…
The dominance of the US dollar is being challenged as ASEAN countries follow in the footsteps of BRICS by reducing…