The writing is on the wall, the world is less inclined to use the US dollar hereafter. While the US dollar’s exorbitant privilege persists, the symbolism from the BRICS alliance…
The New Development Bank (NDB), which is backed by BRICS countries, is set to issue India’s first rupee-denominated bond by end-March 2026. The bond will raise between $400 million and…
Changepeng Zhao, one of the most prominent voices in the crypto industry and the Co-Founder of Binance, who is also known as CZ, shared a notable comment on the Indian…
India BRICS global rupee initiatives are actually reshaping international trade right now as New Delhi officially abandons the idea of a single BRICS currency for bilateral agreements instead. The Reserve…
India to discuss rupee-denominated trade with BRICS member Russia in a high-level delegation meeting in Moscow next week. The talks are scheduled for August 20-21, and India seeks to bolster…
India US dollar BRICS relations are actually facing a major shift right now as New Delhi firmly rejects complete de-dollarization while also expanding rupee trade networks. The Indian government has…
In a landmark move to challenge the USD’s dominance, India has issued an official circular allowing BRICS nations to settle 100% of their trade in the rupee. Analysts say the…
US President Donald Trump imposed 25% tariffs on India, accusing it of indulging in anti-American activities. Trump also imposed a penalty on India for buying Russian crude oil and military…
India is accused of currency intervention by selling the US dollar in the forex markets to safeguard the falling rupee. The Reserve Bank of India (RBI) directed State-run banks to…
The Indian rupee edged higher against the US dollar on Wednesday after foreign banks initiated mild sell-offs in the markets. The move has helped the rupee and other leading Asian…