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.

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

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

Russian President Vladimir Putin has said the time has not come yet for a common BRICS currency but added that the ten-nation ...

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 ...

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

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

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

As BRICS grows in both membership and global sway, its expansion comes with divisions among its members old and new on how to ...