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BRICS Countries officially abandon the US dollar for trade

The BRICS Cross-Border Payment Initiative (BCBPI) will use national currencies, instead of the US dollar. Russia's finance ministry and central bank released a

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Brazil’s President wants to use local currencies for cross-border transactions to challenge the U.S. dollar. Da Silva also suggests other alternatives such as the soon-to-be

U.S. President-elect Donald Trump has warned the BRICS countries that if they attempt to replace the “mighty U.S. dollar” they would face “100 percent tariffs and should

BRICS is Shaping a Future Without the Dollar - brics