President Luiz Inácio Lula da Silva has reiterated his support for a BRICS trade currency, saying Brazil "cannot depend on the dollar" and must remain open to testing alternatives for trade among ...

BRICS nations are shifting away from reliance on the US dollar to gold, now holding approximately 50% of global gold production ...

The U.S. dollar’s dominance as the world’s reserve currency faces its most organized challenge yet from the BRICS nations, but fundamental structural barriers make displacement unlikely in the ...