Mon, December 2, 2024
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Major update on 'new' currency for South Africa, China and India
[ Mon, Dec 02nd 2024 ]: Bill Williamson
PM explores airport management partnership with Egyptian-French consortium
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Aberdeen and Watertown Monuments' company headquarters in Minnesota expands
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Centre Scraps Windfall Profit Tax On Crude Oil, Petrol, Diesel Exports
[ Mon, Dec 02nd 2024 ]: Bill Williamson
India's GDP misses expectations, but experts see limited market fallout
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Best Unsecured Personal Loans of 2024: Reviews, Fees, & Comparisons
[ Mon, Dec 02nd 2024 ]: Bill Williamson
The best business credit cards of December 2024
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Kenya Pays Over KSh 965.9m in Stipends, Arrears to More than 3,000 Medical Interns
[ Mon, Dec 02nd 2024 ]: Bill Williamson
BRICS, De-Dollarization, and the US Trade War: What's at Stake?
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Kuwait's Investment Landscape and Financial Resilience Explored at Exclusive Event
[ Mon, Dec 02nd 2024 ]: Bill Williamson
SG Enable, Zero Project host first Apac symposium on inclusive hiring and workplaces
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Digital Agriculture Mission: Centre asks states to make farmer IDs faster
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Traders' Diary: Lemon Tree, DMart, Cochin Shipyar .. over a dozen scrips on analysts' watchlists today
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Delhi HC to hear plea by BJP MLAs seeking CAG reports in Assembly
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Gold loans from banks surge, other personal loans see moderate rise
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Budget could wipe out 125,000 jobs in family businesses
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Australia's central bank says risks from non-bank lenders limited
[ Mon, Dec 02nd 2024 ]: Bill Williamson
NSE Indices launches Nifty India Railways PSU Index
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Financial and community hurdles slow geothermal energy development in Southeast Asia
[ Mon, Dec 02nd 2024 ]: Bill Williamson
China's 10-Year yield sinks to record low on bets that PBOC will ease
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Naspers' half-year profit nearly doubles on strong e-commerce and Tencent performance
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Why RBL Bank shares hit 52-week low, Bajaj Fin slip 1% in today's trade?
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Sales of homes above Rs 4 cr surge 38%, driven by Delhi-NCR and Mumbai
[ Mon, Dec 02nd 2024 ]: Bill Williamson
ASB cuts fixed mortgage rates, and term deposit r .. ember push for precious housing sale transactions
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Post-COVID life and China's tough economy pushes .. embrace 'wearability' and a more casual consumer
[ Mon, Dec 02nd 2024 ]: Bill Williamson
RBL Bank shares sink as partnership on co-branded credit cards with Bajaj Finance ends
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Finance capital increases its domination of healthcare
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Singapore cenbank fines JPMorgan $1.8 mln over misconduct by relationship managers
Sun, December 1, 2024
[ Sun, Dec 01st 2024 ]: Bill Williamson
Cenbank extends usance term for capital machinery imports
[ Sun, Dec 01st 2024 ]: Bill Williamson
Joe Biden begins long-awaited Africa trip to secure win against China
[ Sun, Dec 01st 2024 ]: Bill Williamson
KKR Real Estate Finance: Look For Further Yield Compression On The Preferreds
[ Sun, Dec 01st 2024 ]: Bill Williamson
Budget 2025: S'poreans can share their views from Dec 2 to Jan 12
[ Sun, Dec 01st 2024 ]: Bill Williamson
Hasina's allies have properties worth Tk 6,000cr in UK
[ Sun, Dec 01st 2024 ]: Bill Williamson
Bank lands in hot water over apparently hypocritical business practices: 'It's indefensible'
[ Sun, Dec 01st 2024 ]: Bill Williamson
XRP Tops $100B Market Cap, Reaches 2018 Levels, as Ripple's RLUSD Close to Approval
[ Sun, Dec 01st 2024 ]: Bill Williamson
Budget 2025: Singaporeans can share their views from Dec 2 to Jan 12
[ Sun, Dec 01st 2024 ]: Bill Williamson
Profit From The Past: Lessons from history for investing in cyclical stocks
[ Sun, Dec 01st 2024 ]: Bill Williamson
Trump names two of his in-laws, one Jewish and one Arab, to key diplomatic roles
[ Sun, Dec 01st 2024 ]: Bill Williamson
Over a year on, how is Capital Brief going?
[ Sun, Dec 01st 2024 ]: Bill Williamson
Tencent-backed WeDoctor revives Hong Kong IPO plan, sources say
[ Sun, Dec 01st 2024 ]: Bill Williamson
Major Adani investor GQG shares fall 13% after analyst downgrade
[ Sun, Dec 01st 2024 ]: Bill Williamson
Australia news LIVE: House values tumble as econo .. uggles; Michael Rowland leaves ABC News Breakfast
[ Sun, Dec 01st 2024 ]: Bill Williamson
Anthony Albanese reveals the alarming reason why Aussies are poorer in 2024
[ Sun, Dec 01st 2024 ]: Bill Williamson
HSBC starts search for next chairman: report
[ Sun, Dec 01st 2024 ]: Bill Williamson
Trump taps billionaire family member Massad Boulo .. senior presidential adviser on Arab affairs role
[ Sun, Dec 01st 2024 ]: Bill Williamson
ABIR To Sponsor Free Insurance Course
[ Sun, Dec 01st 2024 ]: Bill Williamson
Integrating ESG into risk management
[ Sun, Dec 01st 2024 ]: Bill Williamson
How do we spend less but still travel well?

Major update on 'new' currency for South Africa, China and India

The article from BusinessTech discusses the potential introduction of a new common currency for the BRICS countries (Brazil, Russia, India, China, and South Africa) as an alternative to the dominance of the US dollar in global trade. This initiative, which has been a topic of discussion for years, aims to reduce reliance on the dollar, especially in light of geopolitical tensions and economic sanctions affecting some BRICS nations. The idea was highlighted during the 14th BRICS Summit in 2022, where leaders expressed interest in exploring local currency settlement mechanisms and possibly a new currency. However, the article notes that while there is interest, the practical implementation faces significant challenges including the need for economic convergence, political will, and the establishment of a robust financial infrastructure. The discussions are ongoing, with no definitive timeline or concrete steps announced yet, but the concept is seen as a move towards de-dollarization and enhancing economic sovereignty among these emerging economies.

Read the Full businesstech.co.za Article at:
[ https://businesstech.co.za/news/finance/802430/major-update-on-new-currency-for-south-africa-china-and-india/ ]


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[ Fri, Nov 29th 2024 ]: Bill Williamson