Tag: Dollar
India To Use Cryptocurrency For Trade, Abandon US Dollar
As the BRICS bloc turns to alternative payment systems to ditch the US dollar, India is considering using cryptocurrency for trade. The country already...
Alliance Crypto Payments to Overtake the US Dollar?
Ever since Russia legalized crypto payments, all eyes were on how that would integrate into its prominent economic alliance. With the bloc’s payment system...
India To Accept Local Currencies For Trade, Sideline US Dollar
BRICS member India may consider accepting local currencies for trade and sideline the US dollar only if they are ‘non-binding’, according to sources on...
Analyst Warns of a Major U.S. Dollar Crash
The U.S. dollar fell to a dangerous low this week as the DXY index showed the currency plummeting to 100.70. Leading local currencies have...
126 Nations Meet With Alliance To Discuss Ditching the US Dollar
Around 126 nations will attend a BRICS Municipal Conference, all showing interest in joining the bloc and ditching the US Dollar. The queue to...