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Monday, January 26, 2026
TopicBRICS currency

Topic: BRICS currency

Policymakers dismiss common currency idea, say BRICS to become ‘talk shop’ if expanded without focus

India will take over chairmanship of BRICS+ grouping in 2026, against the backdrop of the United States’ ‘protectionism’ threatening to upend decades of multilateral consensus.

The biggest threat to US dollar is Donald Trump

No trust in China, India still rising, and Europe in decline, help the Trump government dominate the market.

BRICS summit has built a bigger club. But new members won’t be just bricks in the wall

If India is admitting new members in BRICS with caution, it's likely because the Shanghai Cooperation Organisation is often perceived as China-centric.

New payments infrastructure a priority for BRICS, Russian diplomat says at India Foundation roundtable

Deputy chief of mission at Russian embassy in India Roman Babushkin says BRICS members 'have been taking steps to switch to settlements in national currencies for quite some time now'.

Why are African countries, others pushing for ‘de-dollarisation’ — trade in currency other than the USD

USD has been the world’s reserve currency for over 75 years, but many nations are now seeking to trade in local currencies to reduce costs, avoid sanctions & reshape global financial system.

BRICS foreign ministers call for more local currency trade, ‘appreciate’ Ukraine peace plans

Counter-terrorism, energy security, climate change & Sudan situation also among topics discussed in joint statement after 2-day meeting in Cape Town.

A BRICS currency can weaken US hold over emerging economies. India needs to decide its role

Before de-dollarisation of BRICS can occur, India must secure a place in IMF's basket of world currencies, where Chinese Renminbi is already included.

On Camera

Beneath the ice — what a lost US base from the Cold War reveals about Greenland

A failed US plan to hide missiles under the ice now provides vital clues for understanding Greenland’s future and climate risks.

India wants Canada’s resources as nations build on truce, British Columbia’s Premier says

Premier David Eby, the leader of the minerals- and gas-rich province of British Columbia, spoke with executives at Tata Steel and Reliance Industries on a trade mission to India.

From action near Myanmar to hand-to-hand combat in Kishtwar, meet this year’s gallantry award winners

Overall, President Droupadi Murmu has approved Gallantry awards to 70 armed forces personnel, including six posthumous, on the eve of 77th Republic Day.

Non-alignment is coming back in a new avatar: Trump-peedit alliance

No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.