Putin Highlights De-Dollarization At BRICS Summit
Russian President Vladimir Putin addressed the ongoing BRICS Summit via video link, emphasizing the dwindling significance of the US dollar on the global stage. Speaking...
Janet Yellen Expects Decline Of US Dollar As Global Reserve Currency
US Treasury Secretary Janet Yellen has expressed her expectation of a gradual decline in the status of the US dollar as a global reserve currency....
Egypt Joins BRICS Bloc In De-Dollarization Efforts
Egypt has joined the growing trend of de-dollarization within the BRICS economic bloc, according to the country’s Supply Minister, Ali Moselhy. Egypt plans to bond...
BRICS Nations Consider New Currency, Challenge USD Dominance
Brazil’s President Luiz InĂ¡cio Lula da Silva expressed his aspirations for a trading currency alternative to the US dollar. Lula’s vision of trading in currencies...
BRICS’ NDB Offers Loans In Local Currencies
The US dollar has been losing its significance in global trade as global nations are slowly moving away from relying on the currency. The New...