Nigeria can benefit from a Brics partnership but it must find a careful balance between the relationship and the interests of ...

BRICS doesn’t plan to create a new common currency to replace the dollar, Kremlin spokesman Dmitry Peskov said.

The grouping does not have a common currency, but long-running discussions on the subject have gained some momentum.

Indonesia's landmark entry into BRICS marks a strategic pivot in its diplomatic journey, offering access to the New Development Bank, alternative economic systems and partnerships in energy transition ...

"BRICS owns the New Development Bank, which has invested US$30 billion (note the investment is in dollars) in infrastructure development projects in member states and other developing economies.

US President Donald Trump's threat to impose 100 per cent tariffs against BRICS nations over possible attempts to replace the US dollar in global trade "seem empty" as there is no plan to ...

Indian stock markets opened flat in the green on Friday as concerns over potential US tariffs on BRICS nations kept investors ...

NATO and BRICS are two major international groups. NATO (North Atlantic Treaty Organisation) is a military alliance of 32 countries, mostly from North America and Europe. It was formed in 1949 to ...

President Trump vowed to impose tariffs of up to 100 percent on countries that back a new reserve currency among the BRICS countries, a group that includes Russia and China. Trump’s Truth Social ...

The bloc now controls approximately 42% of global central bank foreign exchange reserves, which positions it well to promote local currencies in trade. BRICS nations are increasingly focusing on ...

The US president wrote on the social media platform: “The idea that the Brics countries are trying ... In December, Reserve Bank of India (RBI) governor Shaktikanta Das told reporters at a ...