BRICS Currency Launch Date 2025 Latest News – According to latest news BRICS currency going to be next International Trade Currency after the US Dollar. The BRICS Currency is the alliance of some major nations – Brazil, Russia, India, China and South Africa.
How Many Countries Are in BRICS
BRICS Countries List
In BRICS Group there are several nations included, some of major countries or nation who are the major countries of BRICS are- Brazil, Russia, India, China and South Africa. However, during the 2023 Johannesburg Summit, the group expanded.
As of 2025, BRICS includes –
- Brazil
- Russia
- India
- China
- South Africa
- Egypt
- Ethiopia
- Iran
- Saudi Arabia
- United Arab Emirates (UAE)
Which means BRICS now has 10 member countries, representing more than 45% of the global population and over 35% of global GDP (PPP).
What is the BRICS Currency?
BRICS Currency is a new introduce trade currency which means BRICS will be used as a trade currency in international market between the countries worldwide. BRICS could be the next Common Trade Settlement currency that could challenge the dominance of US Dollar in global trade.
Key points of BRICS
- It’s being developed under the New Development Bank (NDB), led by former Brazilian President Dilma Rousseff.
- The idea is to have a digital or gold-backed currency for cross-border trade.
- Each member country would continue to use its local currency domestically.
This currency is part of a de-dollarization movement, as BRICS nations increase trade in local currencies like the yuan, rupee, and ruble.
BRICS Currency Launch Date 2025
While there is no official launch date announced yet, insiders and experts suggest that in 2025-26 BRICS Currency should be launched because ongoing issue on US Nation for their increasing debt on their nation cause dollar downfall and BRICS will be the next trade currency.
At the 2024 BRICS Summit, leaders confirmed –
“Work is ongoing on a unified payment system and reserve currency to strengthen financial cooperation.”
So, the BRICS currency is in development, with an expected soft introduction between 2025 and 2026.
Donald Trump on BRICS
Recently, Donald Trump, during a campaign rally, commented that the BRICS alliance is becoming a global economic rival to the US. He said:
“If they succeed with a gold-backed currency, the dollar will face the biggest challenge in its history.“
Trump’s remarks brought new attention to the BRICS currency project, especially among American economists and political analysts.
Also Read: US Tariffs Impact India Textile Exports by 50% Impact
Conclusion
The BRICS currency project symbolizes a major shift in the global financial landscape. As 2025 approaches, countries like India and Russia are taking the lead in developing an alternative payment system that could reshape global trade. With Donald Trump’s remarks reigniting debate in the West, the BRICS story continues to evolve – and the world is watching closely.
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Neeraj is a dedicated content writer specializing in agricultural schemes, government policies, and rural development in India. With extensive knowledge of the Pradhan Mantri Yojanas and related programs, Neeraj aims to provide clear, accurate, and up-to-date information to help farmers and citizens access government benefits effectively. Passionate about empowering rural communities through informative content, Neeraj is a Content writer at CWB Hindi News, brings expertise in simplifying complex topics for easy understanding.