Posts tagged with "BRICS"



Russia · 09. August 2020
The US dollar has recently been losing value against other currencies, dropping nearly 5% in July, its biggest monthly fall in more than 10 years. This decline is prompting economists worldwide to re-assess the role of the dollar as a global reserve currency, as some countries have resorted to other options in their bilateral transactions. The US dollar’s share of trade between Russia and China fell to a record low of 46% in the first quarter of 2020, according to recent figures provided by...
Emerging Markets · 18. January 2019
BRICS could benefit from global tensions. The bloc of emerging economies known as BRICS have long struggled to establish a unified voice on the international stage, but U.S. President Donald Trump may be providing them with an unlikely boost.