UK edition London closed
Markets
Delayed · 11:59 UK
Saturday 24 October 2026 · London closed
Topic
Every Financial News story tagged local currencies, newest first.
In recent years, the concept of de-dollarization has gained momentum amongst global alliances. Following the example set by the BRICS countries, new groups are actively seeking alternatives to the US dollar for international trade. This shift reflects a…
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As the 2024 BRICS summit approaches, discussions around the potential of a shared currency are intensifying.This emerging currency aims to enhance financial independence among member states and challenge traditional financial…
ASEAN nations have been strategically positioning themselves to mitigate the impact of potential US tariffs. These preparations involve a shift towards local currency usage, aimed at bolstering economic resilience.The recent…
The BRICS alliance has revolutionised global oil trade by settling 78% of transactions in local currencies—a strategic departure from US dollar reliance.This historical shift highlights growing economic collaboration among BRICS…
BRICS Pay emerges as a pioneering step away from dollar dependence, offering secure transactions.This system could reshape economic landscapes by increasing local currency use in global trade.BRICS Pay System UnveiledThe…
BRICS nations are increasingly bypassing the US dollar in trade settlements. This pivotal shift underscores a strategic economic reorientation.By settling 65% of their trade in local currencies, BRICS signals a…
The international trade paradigm is witnessing an unprecedented shift, as BRICS and the Commonwealth of Independent States (CIS) explore financial independence by sidelining the US dollar. Trade within these alliances…
Nigeria has announced a groundbreaking shift in its oil trade policies, choosing to abandon the US dollar. This move aligns with the upcoming BRICS Summit, reflecting Nigeria's economic ambitions.By settling…
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