... transactions within the bloc. However, as noted by Putin, the issue of creating such a currency is not currently on the agenda. At this stage, BRICS nations continue to focus on strengthening economic ties and developing mechanisms that will facilitate mutual trade. Creating a unified currency requires a comprehensive approach, including the establishment of a unified financial infrastructure and synchronization of economic and monetary policies, which implies a lengthy and labor-intensive process. Challenges and Issues in Creating ...

... Strengthening trade ties with China, which actively promotes the use of the yuan. Exploring the possibility of introducing a common currency for African economic unions. What Should Investors Focus On? The reduced role of the dollar in Africa could impact the currency reserves and trade strategies of regional countries. Active promotion of the yuan as an alternative may strengthen China's position on the continent. Enhanced regional integration through new payment mechanisms creates long-term investment opportunities. Investors ...

... On Veterans Day, the U.S. stock market continues to operate, but the closure of banks and financial institutions leads to decreased trading activity. Many large institutional investors—funds, banks, corporations—suspend operations, which reduces trade volume. As a result, market liquidity diminishes and volatility increases. This lack of liquidity is particularly felt in stock and bond trading venues and can also impact currency and commodity markets. For American indices, such as the S&P 500, Dow Jones, and Nasdaq, the decrease in trading activity on Veterans Day typically results in minor fluctuations. However, investors trading in U.S. stocks should be prepared for ...

... fueled by increased investor interest in risk assets and a moderate strengthening of the US dollar amidst optimism regarding trade. Furthermore, strong employment data from the US reduced expectations for an imminent Fed rate cut, causing Treasury yields ... ... example, platinum, which had reached decade highs, retreated by a few percentage points, reflecting profit-taking by investors. Currency Markets: Dollar Stable, Pressure on Yen and Ruble By the end of the week, major currency pairs moved in different directions ...

... economic downturn and the waning relevance of once-popular investment instruments, choices must be made between yield and reliability. At the same time, it is essential to account for risks. During crises, experienced investors often gravitate toward currencies that may seem exotic and illiquid. For example, the British pound sterling is one of the most conservative currencies that exhibits stability and instills confidence in business leaders. As a result, they willingly invest their spare funds ...