Brics India Takes Major Step To Ditch Us Dollar In Oil Trade

Last updated: June 9, 2025, 01:26

Brics India Takes Major Step To Ditch Us Dollar In Oil Trade

Following the BRICS expansion

Following the BRICS expansion, India has once again ditched the US dollar in a historic oil deal with the UAE. Specifically, Yahoo reported that India has purchased 1

Which Two BRICS Nations Officially Agree To Ditch the US Dollar

India and Indonesia, two key members of the BRICS alliance, have officially agreed to abandon the US dollar for cross-border transactions, opting instead to settle trade in

BRICS member India has reportedly

BRICS De-Dollarization: India & Indonesia Ditch the US Dollar for

BRICS member India has reportedly purchased oil from the United Arab Emirates using its national currency for the first time ever. In July, reports surfaced that India

BRICS: India Takes Major Step To Ditch US Dollar in Oil Trade

TEHRAN

TEHRAN (Tasnim) – BRICS members Russia, China and India have reduced their use of the US dollar in their trade by 95% which shows a sign of BRICS' growing efforts

Russia, China, India Ditch US Dollar in 95% of Bilateral Trade: BRICS

Amid the greater de-dollarization efforts of the BRICS economic alliance, India has taken a major step to ditch the US dollar in the oil trade. Indeed, Bloomberg reports

India willing to ditch the dollar in trade with BRICS partners

BRICS: India Ditches US Dollar in Historic Oil Deal with UAE

BRICS Member India Ditches US Dollar, Purchases 1,000,000

According to a report from

:- In a bold move set to reshape global trade dynamics, the BRICS bloccomprising Brazil, Russia, India, China, and South Africahas announced a significant step toward

India and Indonesia have officially agreed to ditch the US dollar for cross-border trade. The two BRICS nations will now conduct transactions using their national

According to a report from Hindu BusinessLine, which cited an anonymous source, India is leaning towards accepting the proposal to conduct trade using national

Amid the greater de

BRICS Moves Further to Ditch US Dollar in Trade

Amid the greater de-dollarization efforts of the BRICS economic alliance, India has taken a major step to ditch the US dollar in the oil trade. Indeed, Bloomberg reports that the Reserve Bank of