UAE, India discuss settling non-oil trade in rupees: Report

China also considered settling non-oil trade in local currencies that do not include the dollar

Global South: Gold-backed currencies to replace the US dollar

The adoption of commodity-backed currencies by the Global South could upend the US dollar’s dominance and level the playing field in international trade.

By the numbers: The de-dollarization of global trade

Data suggests that US dollar reserves in central banks are dwindling, as is the influence of the US on the world economy. This presents a unique opportunity for regional currencies and alternative payment systems to enter the vacuum.

‘Not a choice, but necessity:’ Iran, India recalibrating ties amid geopolitical shifts

Following a drop in trade brought on by US sanctions, New Delhi and Tehran - boosted by their mutual strong relations with Moscow - are set to revamp ties in a new era of Eurasian multipolarity. 

Everybody wants to hop on the BRICS Express

Eurasia is about to get a whole lot larger as countries line up to join the Chinese and Russian-led BRICS and SCO, to the detriment of the west

‘Samarkand Spirit’ to be driven by ‘responsible powers’ Russia and China

The SCO summit of Asian power players delineated a road map for strengthening the multipolar world

Pakistan anti-terrorism court extends Imran Khan’s pre-arrest bail

The former prime minister attended a court hearing in Islamabad surrounded by hundreds of his supporters

Russia looking to bolster reserves with Turkish, Chinese currencies

Russia, along with several other sanctioned nations, has begun moving away from western currencies in order to overcome sanctions

India dumps US dollar for UAE dirham, Chinese yuan in Russian coal trade: Report

Russia became India's third-largest coal supplier after New Delhi began to move away from the US dollar in their bilateral trade

Russia requests oil payments from India in UAE currency: Report

The UAE and India are among the many nations refusing western diktats to cut ties with Russia in the wake of the war in Ukraine

‘Rublegas:’ the world’s new resource-based reserve currency

Rublegas is the commodity currency du jour and it isn’t nearly as complicated as NATO pretends. If Europe wants gas, all it needs to do is send its Euros to a Russian account inside Russia.

How Mariupol will become a key hub of Eurasian integration

Mariupol was battered by Ukraine's right-wing Azov battalion well before Moscow launched its military ops. In Russian hands, this strategic steelworks port can transform into a hub of Eurasian connectivity.

Iran determined to meet India’s import needs: Iranian ambassador

The official claims that if both nations initiate a rupee–rial trade mechanism, bilateral trade between Iran and India has the potential to increase up to $30 billion

Iran to legalize crypto payments to enter international trade

Officials say that Central Bank of Iran has worked for two years on researching and developing a platform and infrastructure for a domestic cryptocurrency

Saudi Arabia gives Pakistan $4.2 billion aid package

The news comes as the Pakistani rupee hits its lowest value against the US dollar