Last year, the central banks of India and Indonesia signed a memorandum of understanding on using local currencies for trade.
Sources further clarified that India remains committed to fostering beneficial global partnerships like QUAD and BRICS.
President Donald Trump has again warned that he will impose 100% tariffs against countries of the BRICS bloc, of which India ...
US President Donald Trump has doubled down on his tariff threat on BRICS nations, including South Africa, should they forge ahead with creating a new shared currency. This threat, declared in his ...
Despite the threat of a trade war with the U.S., economists and analysts tell CNBC that this will not stop BRICS from ...
US President Trump has mistakenly identified EU country Spain as a member of the BRICS economic bloc that comprises ...
In a bold stance against US pressure, China reaffirms its commitment to BRICS cooperation as US President Donald Trump threatens 100 percent tariffs over the bloc's currency plans. While Putin ...
In 2023, Russian President Vladimir Putin revealed that the ruble and Chinese yuan already made up 80 percent of Moscow’s ...