Fact-Check: Social media users have falsely claimed that a new currency was unveiled at BRICS in order to reject the US Dollar.

China and their BRICS allies are likely much more defensive than offensive. While the talk about a new currency and posturing against the U.S. dollar will help presidents Vladimir Putin and Xi ...

“They might use the USD [U.S. dollar] as a reference currency ... macroeconomic convergence … many experts doubt that a new BRICS reserve currency would be stable or reliable enough to ...

One ambitious proposal is the creation of a BRICS digital ... on the US dollar in global trade. Russian President Vladimir Putin holds a mock-up of what has been referred to as a new BRICS ...

(MENAFN) The Kremlin has clarified that the BRICS member states are not focused on undermining the US dollar or other currencies ... was intent on creating a new global financial and payment ...

Another week and another all-time record high for Gold prices. That’s one of the most lucrative trends of the current Commodities Supercycle, which shows no signs of slowing down anytime soon!

Moreover, the demand for the dollar might fade sooner than later due to the BRICS nations discussing an alternative currency or a means of payment. The new currency might be tied to gold ...

He emphasized the group’s commitment to unifying financial transactions among members while gradually reducing reliance on the U.S. dollar for interbank exchanges. The new BRICS currency ...