The effort to de-dollarize international monetary transactions has been growing around the world and another economic block ...
The Kremlin on Friday brushed off a repeat threat by U.S. President Donald Trump to impose tariffs on the BRICS grouping of ...
Caribbean countries find it necessary to hold large reserves of foreign currency in order to protect the value of their ...
Today, many countries hold significant amounts of gold in their reserves. Why? This precious metal is often seen as a safe ...
According to the government’s financial statements, the U.S. owns about 261.6 million troy ounces, or almost 8,200 metric ...
President Trump vowed to impose tariffs of up to 100 percent on countries that back a new reserve currency among the BRICS countries, a group that includes Russia and China. Trump’s Truth Social ...
Getty Images/AFP President Donald Trump is again threatening to slap BRICS nations with a 100% tariff if they replace the dollar as their reserve currency. "The idea that the BRICS Countries are ...
Africa's development bank is proposing a new 'gold standard' style currency arrangement backed by critical minerals such as ...
President Donald Trump took to social media on Thursday night to threaten 10 more countries with tariffs if they replace the ...
Regulations were revised to enable cross border transactions in all foreign currencies - including local currencies of ...
By moving away from the US Dollar, BRICS are looking to circumvent economic pressures and protect their financial interests.