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Category CIS

CIS Nations Ditch Foreign Currencies—85% of Trade Now in Local Tenders

CIS Nations Ditch Foreign Currencies—85% of Trade Now in Local Tenders

Over 85% of Commonwealth of Independent States (CIS) trade now bypasses foreign currencies, signaling a strategic shift towards economic independen...
Dec, 26, 2024
by Bitcoin News
De-Dollarization: 2 Countries Settle $37 Billion in Local Currencies

De-Dollarization: 2 Countries Settle $37 Billion in Local Currencies

The Commonwealth of Independent States (CIS) bloc, which consists of 12 countries, is advancing payments in local currencies.…
Dec, 09, 2024
2 min read
by Watcher.Guru
BRICS: 85% Trade Settled in Local Currencies, Not US Dollar

BRICS: 85% Trade Settled in Local Currencies, Not US Dollar

The BRICS alliance is advancing the de-dollarization agenda by using local currencies and rejecting the US dollar for…
Oct, 27, 2024
2 min read
by Watcher.Guru
BRICS: 12 Countries Ditch US Dollar, Pay 85% Trade in Local Currencies

BRICS: 12 Countries Ditch US Dollar, Pay 85% Trade in Local Currencies

After BRICS, a new alliance has kick-started the de-dollarization process and is using local currencies for trade and…
Oct, 09, 2024
2 min read
by Watcher.Guru
Putin Reveals Over 85% of CIS Trade Now in National Currencies

Putin Reveals Over 85% of CIS Trade Now in National Currencies

Russian President Vladimir Putin announced that more than 85% of trade within the Commonwealth of Independent States (CIS) is now conducted in nati...
Oct, 09, 2024
by Bitcoin News