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 ...

Mastercard and Visa halted operations in Russia. Most Russian banks take only US dollars or euros to exchange for rubles.

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

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

Given this context, the concept of a BRICS currency remains an ambitious long-term goal rather than an achievable short-term ...

Yuri Ushakov, foreign policy aide to Putin, stated that 36 countries have confirmed their participation, with over 20 ...

Turkey and Russia have expanded cooperation on trade, tourism and energy since Russia's invasion of Ukraine, although Turkey ...

By Vladimir Soldatkin and Guy Faulconbridge KAZAN, Russia (Reuters) -BRICS leaders including China's Xi Jinping, India's ...

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

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

Russian President Vladimir Putin on Wednesday proposed to create a new investment platform for BRICS countries Reuters ...