Treasury Secretary: Expect a decline in the dollar as Reserve Currency
Date: June 14, 2023 Category: News
Treasury Secretary Janet Yellen Acknowledges Countries' Trend Toward 'Replacing The Dollar'.
Expect a gradual decline in the dollar's share of global reserves, according to Yellen.
During a ...
Egypt to trade in local currencies with BRICS
Date: June 13, 2023 Category: News
Egypt will abandon the US dollar, establishing trade with BRICS countries in local currencies.
Egypt has announced that they are ditching the US dollar in their trade with China, Russia, and India.
Forum for Peace, Cooperation and Greater Economic Progress
Date: June 5, 2023 Category: News
According to the Akorda press office, President Kassym-Jomart Tokayev will present the Astana International Forum's (AIF) global vision during the plenary session on June 8.
Alongside the forum, ...
Asian Clearing Union to adopt SWIFT alternative
Date: June 1, 2023 Category: News
Within the coming weeks, ACU member states plan to introduce the Iranian-developed system.
During a recent summit in Iran, the members of the Asian Clearing Union (ACU) decided to compete with th...
Speeding up the BRICS - SCO payment system
Date: May 24, 2023 Category: NewsA new, "cutting-edge" payment system for the currencies of the Shanghai Cooperation Organization (SCO) and BRICS countries should be established as soon as possible, according to the chairman of Russi...
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