3 / 5 Relevant items tagged with #DeDollarization

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IMF Has Not Seen Specific Proposal on BRICS Currency

[Jul 15, 2023 10:00 PM] The International Monetary Fund (IMF) has not seen any specific proposal on a common BRICS currency. However, the IMF acknowledges the presence of “slow-moving trends” indicating shifts in the currency composition of reserves and trade…

Brazil to Push De-Dollarization Agenda at BRICS Meeting

[Jun 23, 2023 10:30 PM] Brazilian President Luiz Inácio Lula da Silva has revealed his intention to raise the issue of de-dollarization at the next BRICS meeting. “Why Brazil and Argentina would trade in dollars. Why don’t we do it in our own currencies? Why…