BRICS Currency

Saudi Arabia’s BRICS membership officially activated

NEW DELHI: After receiving expansion invitations at the 2023 annual summit, Saudi Arabia is now confirmed to become a member of the BRICS alliance. South Africa’s Foreign Minister, Naledi Pandor, has officially announced the inclusion of Saudi Arabia and the four other invited nations. At the beginning of 2024, questions surfaced about Saudi Arabia’s position […]

Are BRICS nations eyeing common currency in 2024?

NEW DELHI: The world’s economic stage stands at the brink of a significant transformation, as the BRICS nations consider introducing a groundbreaking currency in 2024. This potential move signifies a crucial milestone in the bloc’s efforts to reduce reliance on the US dollar, sparking intense discussions among experts and analysts. The addition of five new […]