Driven by a shared desire to challenge the dominance of the U.S. dollar and the Euro, BRICS members are exploring a new ...

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

“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 ...

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 ...

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 ...

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 ...