Russia proposes a multicurrency system to challenge US dollar prominence in global trade.By involving all member currencies, BRICS aims to…
Browsing: US dollar
The Indian rupee (INR) continues to spiral downwards, reaching unprecedented lows against the US dollar (USD). Such a drastic fall…
In an unexpected move, India, a member of the BRICS coalition, has chosen not to partake in the global de-dollarization…
The Commonwealth of Independent States (CIS) is reshaping global trade dynamics by opting for local currencies over the US dollar.…
In recent years, gold has distinguished itself as a leading investment choice, outpacing the traditional dominance of the US dollar.…
The Indian rupee faces challenges in the strengthening US dollar environment. Recent fluctuations saw it near a crucial threshold, prompting…
The BRICS coalition is set to enforce a pivotal transformation as it embraces de-dollarization for aspiring member nations. This strategic…
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…
Gold is climbing to unprecedented heights, raising alarms about the US dollar’s future stability.The historic rise in gold prices often…