So what could happen to

So what could happen to the U.S. dollar if countries in Europe begin to accept the new currency? In this article, we will highlight how the geopolitical and financial

A few days before the 16th BRICS Summit got underway in Kazan in October, Russia, the organizers of this key conclave advised attendees to bring along U.S. dollars and

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The BRICS Cross

Should the BRICS nations establish a new reserve currency, it would likely significantly impact the US dollar, potentially leading to a decline in demand, or what's known

The BRICS Cross-Border Payment Initiative (BCBPI) will use national currencies, instead of the US dollar. Russia's finance ministry and central bank released a

Europe is now on the verge of accepting the BRICS currency showing the U.S. dollar the exit. The soon-to-be-released currency could be accepted for international trade by 41 countries that

After Iraq Bans U

Inspired by the success of the euro, the BRICS nations are exploring the possibility of a unified currency within their alliance. The euro model provides a potential

What Happens to the U.S. Dollar if Europe Accepts BRICS Currency?

After Iraq Bans U.S. Dollar, Europe Could Accept BRICS Currency. The South African BRICS ambassador Anil Sooklal confirmed that European countries have expressed interest to join the BRICS alliance. Sooklal did not reveal the names of the European nations