Tag: Currency
2 BRICS Countries Advancing Towards Launching New Currency
The new BRICS member Iran recently confirmed that it is working closely with Russia to launch a new currency. Iranian Ambassador to Russia, Kazem...
Bitcoin isn’t really a currency (yet)
People walk past neon signs advertising Bitcoin and Ethereum cryptocurrency exchanges in Warsaw, Poland, May 19, 2024. Yap Arians | Noor Photos | Getty...
Chinese Yuan Beats Euro To Become the Second Most Used Currency
The Chinese yuan is surging rapidly in trade settlements elbowing the Euro to become the second most used currency. BRICS member China is advancing...
Former Russian PM Talks About BRICS Currency
The former Prime Minister of Russia Sergey Stepashin who briefly served in 1999 opened up about the prospects of a BRICS currency. He commended...
New Country Ready to Back Currency With Gold, Ditch US Dollar
The African nation Ghana is looking to back its local currency, the Cedi with gold. Ghana’s Vice President Mahamudu Bawumia pledged to back the...