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BRICS, India and US Dollar
BRICS Currency May Not Upstage the US Dollar Anytime Soon
A few days before the 16th BRICS Summit got underway in Kazan in October, Russia, the organizers of this key conclave advised attendees to bring along U.S. dollars and euros as Russian banks preferred these currencies to exchange rather than the ruble.
India not pursuing shared BRICS currency, analysts say
India will not support the creation of a shared currency among the nine-nation BRICS group, analysts say, but is promoting transnational trade in its local currency
BRICS is not interested in weakening US dollar - Indian Foreign Minister
Recently elected US President Donald Trump has threatened to impose tariffs if the BRICS creates a new currency. However, the countries of the organization are not at all interested in weakening the dollar,
‘India Never For De-Dollarisation, There’s No BRICS Currency Proposal’: Jaishankar After Trump’s Tariff Warning
External Affairs Minister S. Jaishankar on Saturday addressed remarks by Prime Minister Narendra Modi and U.S. President-elect Donald Trump, particularly focusing on Trump's recent warning to BRICS nations about imposing a 100 per cent tariff if they pursued a BRICS currency.
India has never been for de-dollarisation, no proposal for BRICS currency: EAM Jaishankar at Doha
EAM Dr S Jaishankar said, "...We have always said that India has never been for de-dollarisation, right now there is no proposal to have a BRICS currency. The BRICS do discuss financial
8d
on MSN
Trump threatens 100% tariffs on China and Russia if BRICS group of nations issues new currency
US President-elect Donald Trump threatened to levy 100% tariffs on BRICS — a China- and Russia-led group of nations with ...
1d
China’s Belt And Road Initiative Aims For Long-Term Global Leadership
The United States is all in on Africa,” said President Biden. China's infrastructure plans may challenge that strategy.
6d
on MSN
China Reacts to Trump's BRICS Threat
President-elect Donald Trump on Saturday warned members of the bloc against any attempt to supplant the dollar.
8h
India to work with rest of Brics countries to further ease trade
In recent months, economists in the Indian government had underscored the need for attracting FDI from China to boost India’s ...
Anadolu Ajansi
7d
Trump's 100% tariff threat: China says BRICS aims to cooperate rather than target 3rd countries
Chinese Foreign Ministry spokesperson responds to US President-elect Donald Trump's threat to impose 100% tariff on BRICS ...
9d
on MSN
Donald Trump Sends New Warning to China-Led Bloc Over US Dollar
Trump issued a stern warning to China over its BRICS bloc ambitions in a Truth Social post on Saturday afternoon.
7d
on MSN
Why is Trump threatening a 100% tariff on the BRICS nations?
Donald Trump said the U.S. would hit Brazil, Russia and six other countries with a crushing tariff if they sought to challenge the dollar.
9d
on MSN
Trump warns BRICS countries if they try to replace dollar: '100% tariffs'
President-elect Trump on Saturday threatened the developing countries known the the BRICS bloc with "100% tariffs" if they ...
National Interest on MSN
13d
The BRICS Summit, De-Dollarization, and the Global Realignment
Even if the BRICS cannot offer an alternative global reserve currency to the dollar, the group is still making major inroads ...
9d
on MSN
Trump is now threatening 100% tariffs on the BRICS group — which comprises 9 emerging market countries
After floating 25% tariffs on Canada, China, and Mexico shortly before Thanksgiving, President-elect Trump is now targeting ...
2d
on MSN
ANCWL voices support for Russia, China, says Ukraine is not ally
In a frank interview with the Saturday Star, an upbeat ANC Women's League Secretary General Nokuthula Nqaba said the time is ...
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