COMMITMENT TO OPENNESS

Last updated: June 18, 2025, 07:19  |  Written by: Naval Ravikant

Commitment To Openness
Commitment To Openness

Could a BRICS currency challenge the US dollar?

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With the Brics accounting for about 25 per cent of global GDP and China’s trade with Africa more than four times of the US, there is a serious threat on the dollar. Other

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Reduce Dollar Dependence: Bypass US sanctions and trade restrictions. Promote Economic Cooperation: Facilitate trade among BRICS nations. Assert Economic

Trump's latest warning comes as BRICS remains resolute in its plans to reduce reliance on the U.S. dollar as the dominant currency for global transactions. The bloc

At the meeting, the leaders representing the BRICS (Brazil, Russia, India, China, and South Africa) nations discussed plans to reduce their dependence on the U.S. dollar.

Naval Ravikant can be reached at [email protected].

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