Local Currencies Are Not Alternatives to the Dollar however the System, BRICS Bank Chair Says
The growth financial institution based by the BRICS bloc of rising economies goals to advertise a multipolar monetary system, its head, Dilma Rousseff, has indicated....
BRICS Bank Issues First ZAR Bonds as It Looks to Use Local Currencies
The New Development Bank (NDB), established by the BRICS bloc of rising economies, has issued its first bonds denominated in South African rand (ZAR). The...
Rand Plunges After US Weapons Accusations Against South Africa, Schiff Criticizes Misleading Inflation Numbers, and More — Bitcoin.com News Week in Review
Another thrilling week in crypto and finance has come and gone, with information of U.S. authorities accusations in opposition to South Africa, relating to the...
Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization
During the final month, Russia’s ruble has dropped 16.48% towards the U.S. greenback as vitality and commodity costs have slowed over the previous couple of...