News with the tag "Bangladesh"

Hold on to your hats because geopolitics is about to get a shake-up, and it’s not just any tremor – it’s a seismic shift courtesy of the BRICS, which, in case you’ve been living under a rock, is on the verge of expansion. Leading the charge for this year’s potential new member is none other

In mid-May, several reports indicated that Bangladesh and India were engaging in currency trading using their respective currencies in order to address U.S. dollar liquidity challenges. Recent sources now reveal that Bangladesh is welcoming a formal invitation to join the BRICS bloc. Speaking to rep...

Bangladesh has made an official request to join the BRICS coalition, as reported by the Dhaka Tribune.

In a move indicative of shifting global economic dynamics, Bangladesh has taken a bold step forward. Setting sights on becoming a part of the influential BRICS alliance (Brazil, Russia, India, China, and South Africa), Bangladesh is set to diversify its foreign relations and currency. This action br...

Bangladesh and India have decided to conduct trade settlements in their own currencies, bypassing the dominance of the U.S. dollar. According to sources from the Bangladesh Bank, the decision was made due to the issues of liquidity in foreign currency that Bangladesh faces, which are disrupting the ...