BRICS and related blocs are pushing for a gold-backed trade currency and seeking alternatives to the dollar-dominated financial system.
8 reports, 5 independent
Updated Sep 14
Gone quiet
- Reports
- 8
- Developments
- 4
- Repetition
- 75%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
BRICS and related blocs are pushing for a gold-backed trade currency and seeking alternatives to the dollar-dominated financial system.
How it developed
Newest first. Tap a step to see who reported it.- BRICS is actively working towards increasing international trade by promoting the use of local currencies among its members.Sub-event
BRICS is targeting Western commodity exchanges as part of its push for financial alternatives.1 source
- Russia is deploying rupee surplus into promising sectors and investing in the Sagarmala program and SEZs.Sub-event
BRICS and partners push for a gold-backed currency to bypass the dollar system.1 source