The international financial architecture is shifting from the dollar to a multicurrency model that is, mostly, backed by gold ...

BRICS transitions from Brazil to India, emphasizing sustainability and cooperation amid global challenges and ambitious ...

Many wonder if the US dollar will be abandoned. No one is planning to do that. The United States is a big country whose ...

By bnm Gulf bureau BRICS countries led by Russia and China appear to be mounting a direct challenge to US dollar dominance by ...

Backed by gold and a basket of member currencies, the UNIT is designed to reduce reliance on the US dollar, but major hurdles ...

“Iran’s participation in BRICS is beneficial, but the country’s development problems stem from poor governance and sanctions, ...

This week's central bank meetings have not been explosive for FX markets, but have provided some support to sterling and weighed on the yen. We note in the overnight release of US Treasury TIC data ...

So far in 2025, the price of gold is up about 60 percent, but the price of silver is up more than 100 percent.

Is the world reserve currency changing? We explore de-dollarization, the BRICS nations, and the potential shift away from the ...

Prime Minister Narendra Modi’s December 16-17 visit to Ethiopia marks his first trip to the country, and his third to Africa ...

Ambassador Rai on Sunday highlighted the two countries' "long-standing, deep and friendly relationship" and their status as ...