Member countries of the BRICS economic bloc are moving to conduct more trade among themselves in their own national currencies, a shift that reflects a growing...
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October 31, 2026
Tag: local currency trade
Finance Ministers and Central Bank Governors Back MDB Reform and Local-Currency Trade at Global Meetings
Senior finance officials from major economies have pledged to push forward reforms at multilateral development banks and to expand trade settled in local currencies, signaling a...
BRICS Finance Chiefs Back Local-Currency Trade and Faster Payments, Warn on Tariff Risks
Finance ministers and central bank governors from the BRICS group have called for deeper use of local currencies in cross-border trade and improved payment systems among...