Subbarao also said even for BRICS, there are internal differences about bringing out an alternative to the US Dollar.

Texas Sen. Ted Cruz (R) defended President-elect Trump’s threat to impose steep 25 percent tariffs on all goods from Canada ...

Former RBI Governor questions feasibility of Trump's threat to impose 100% tariffs on BRICS countries moving from US dollar.

Kremlin spokesperson Dmitry Peskov said the dollar was losing its appeal as a reserve currency for many countries, and the ...

Trump's pressure on countries to remain tied to a US-dollar-based financial system could backfire, with potential increased ...

President-elect Donald Trump said he would require countries that are part of BRICS — a China- and Russia-backed group of emerging economies — to commit to not creating new currency or face 100% ...

Bond yields rose on Monday as a new tariff threat from President-elect Donald Trump reignited worries over inflation.

The announced levies of up to 25% on imported goods accelerates early imports and increases the volume of shipments from the ...

However, concerns over a broader trade war capped regional gains after U.S. President-elect Donald Trump demanded a commitment from the BRICS nations on using the dollar, warning they shouldn't move ...

The US President-elect also said even for BRICS, there are internal differences about bringing out an alternative to the US Dollar.

The US can't reduce its trade deficit and increase the global dominance of the dollar at the same time, said an economist.

Chinese yuan weakened amid U.S. President-elect Trump’s threat to impose 100% tariffs on BRICS countries if they attempt to create a new currency to replace the dollar.