The idea of the BRICS group ever challenging the U.S. dollar is for the fairies as long as China and India remain so divided ...

Recent geopolitical tensions have increased demand for safe-haven assets like gold. However, the main driver for today’s ...

The BRICS want to de-dollarise. We see most potential for this agenda in FX reserve management and regional trade flows ...

BRICS nations agree to strengthen trade and financial settlement in local currencies, study feasibility of an independent ...

Prime Minister Narendra Modi has reached the Russian city of Kazan for the 16th BRICS summit. He is expected to meet Russian ...

The group, which seeks to rebalance the global order away from the West, will meet on Tuesday. Here’s a primer.

Egyptian President Abdel Fattah al-Sisi called Wednesday on the BRICS countries to conduct their financial settlement using ...

Indian prime minister Narendra Modi and Chinese president Xi Jinping are set to formally meet for the first time since a ...

The war in Ukraine hangs over a Kazan summit aimed at showing that Western attempts to isolate Russia have failed.

The BRICS organisation has evolved from a discussion forum to a more active player in global affairs. <li /> The ...

A gold-backed BRICS common currency is unlikely in the short term as it would require a synchronised monetary policy, experts ...

Any Brics currency, he said, would be heavily dependent on China while Russia and Brazil would not be significant parts of it ...