Brazil, which holds the BRICS presidency this year, is steering the bloc toward a shift in global trade strategies. While speculation about a BRICS common currency has fueled debates, Brazilian ...

Brazilian President Luiz Inácio Lula da Silva proposed creating a common currency in the region during a meeting with South American heads of state in Brasilia on Tuesday. The single currency would ...

RIO DE JANEIRO (AP) — A proposal floated by the leaders of Brazil and Argentina to launch a common currency is being met with deep skepticism by analysts, who say neither country is positioned to ...

South America's largest economies, Brazil and Argentina, are commencing preparatory work on a common currency called "sur" (south) that could aid regional trade and reduce dependency on U.S. dollar.

Argentina President Alberto Fernández and Brazil President Luiz Inácio Lula da Silva meet at the Casa Rosada in Buenos Aires on Jan. 23 2023. (Casa Rosada) BUENOS AIRES, Argentina (CN) — Brazil and ...