More BRICS and Bretton Woods 3

Date: August 9, 2022 Category: News

Expanding BRICS to create an alternative power bloc is enticing for many countries.
Talk of the BRICS nations creating a new reserve currency introduced the idea of 'Bretton Woods 3.0'.
The ...

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Turkey, warehouse and bridge for metals trade to Russia

Date: August 8, 2022 Category: News

Turkey offers a warehouse and bridge for metals trade to Russia.
Turkish metals sector to serve as 'warehouse and bridge,' the head of an industry group said, citing increased interest from Russi...

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Iraq rose in the top of gold reserves

Date: August 7, 2022 Category: News

Iraq achieves a major global leap in gold reserves.
Iraq rose 10 ranks among the countries with the most gold in the world, according to the latest report of the World Gold Council, issued today,...

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The Reserve Bank of India has increased its gold reserve

Date: August 7, 2022 Category: News

There was a sharp jump in the foreign currency assets and gold reserves.
All components in forex reserves climbed with gold reserves outperforming foreign currency assets (FCA) in the week.
...

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Turkey adopted Russia's Mir cards

Date: August 6, 2022 Category: News

Turkish Banks Are Adopting Russian Payments System, Erdogan Says.
Five Turkish banks have adopted Russia's Mir payments system, Turkey's President Recep Tayyip Erdogan said on his return from tal...

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