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Bitcoin's role as a hedge grows in Asia’s de-dollarisation drive, alongside gold and the yuan, as geopolitical tensions grows.
The Reserve Bank of India wants to allow domestic banks to give loans to overseas borrowers in Indian currency – a historic ...
At a momentous founding event for global business and digital technology, Relcko, a pioneering blockchain startup & visionary ...
US President Donald Trump receives South African President Cyril Ramaphosa at the White House today, for what some observers ...
Anwar’s engagement in Russia, Central Asia, and the Islamic world is a civilisational choice, not a geopolitical gamble. Malaysia is asserting that the future of the international order lies not in ...
the reserve basket is expected to include 40 per cent gold and 60 per cent of the balance is to be made up of participating Brics currencies which are convertible in gold. De-dollarisation ...
President Trump has, on multiple occasions, threatened to impose 100 or even 150 per cent tariffs on BRICS+ nations, should they attempt "de-dollarisation". BRICS is short for Brazil, Russia ...
Brazilian president on Feb 26 said that BRICS is committed to de-dollarisation plans. Brazil's BRICS presidency will strengthen bloc's push for a multipolar world, said Silva. Lula da Silva told ...
India’s cautious stance on de-dollarisation is also shaped by its interest in maintaining economic stability and balancing its relationships with both the US and other BRICS countries.
The recent BRICS Summit, held in Kazan, Russia, from October 22 to 24, 2024, focused on promoting currency cooperation and exploring alternatives to the dollar. Through initiatives like enabling ...
Trump has repeatedly expressed his stance against de-dollarisation, warning that BRICS countries must maintain the US dollar's role in global trade or face economic consequences. "The idea that ...