A leading commodities expert has poured cold water on the ambitions of BRICS nations to supplant the US dollar as the global reserve currency, dismissing the notion of “de-dollarization” as a myth.

We are living through a historical monetary change. The first nation to adopt sound money and fiscal policies will win. The rest will lose.

President-elect Donald Trump on Nov. 30 threatened to slap a 100% tariff on a group of nine nations — the so-called BRICS — if they try to replace the U.S. dollar with another currency. The BRICS ...

The BRICS nations, originally composed of Brazil, Russia, India, China and South Africa, have had many discussions about establishing a new reserve currency backed by a basket of their respective ...

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The BRICS alliance is exploring the creation of an innovative currency, with plans to share proposals on its establishment at the forthcoming summit in South Africa, according to Alexander Babakov, ...

Nov. 30 (UPI) --President-elect Donald Trump on Saturday warned the BRICS nations they will face a 100% tariff in U.S. domestic markets if they proceed with plans to create a new currency to compete ...

Fears of a full-blown currency war flared Thursday as the dollar fell to an eight-month low against the euro and the U.S. stepped up pressure on China to let its currency rise. The escalating tension ...

Eight West African countries Saturday agreed to change the name of their common currency to Eco and severed the CFA franc's links to former colonial ruler France. The CFA franc was initially pegged to ...

TOKYO, July 3 (Reuters) - Major countries should support the dollar as the key international currency, although emerging nations may discuss a new global reserve currency on the sidelines of the G8 ...