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CATEGORY: russia brics currency

Treasury Secretary Yellen: BRICS Currency Won’t Threaten US Dollar Dominance
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jul 10, 2023 05:50

Treasury Secretary Yellen: BRICS Currency Won’t Threaten US Dollar Dominance

U.S. Treasury Secretary Janet Yellen has stated that she does not see the U.S. dollar’s dominance being threatened by any development, including the proposed BRICS currency. Yellen stressed that all the data of which she is aware shows that the dollar is overwhelmingly used in international transactions, emphasizing: “I don’t think that there is an [...]

The post Treasury Secretary Yellen: BRICS Currency Won’t Threaten US Dollar Dominance appeared first on Crypto Breaking News.

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Russia Says BRICS Currency Unlikely in Near Future but De-Dollarization Grows Globally
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Aug 04, 2023 05:50

Russia Says BRICS Currency Unlikely in Near Future but De-Dollarization Grows Globally

Russia says that a common BRICS currency is unlikely to be feasible in the near future but the process of de-dollarization of the global economy is inexorably underway. Russian Press Secretary Dmitry Peskov added that many countries, including those that do not face sanctions, are gravitating towards using national currencies in trade settlements. BRICS Currency [...]

The post Russia Says BRICS Currency Unlikely in Near Future but De-Dollarization Grows Globally appeared first on Crypto Breaking News.

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