China Confirms Brics Expansion Countries May Ditch Us Dollar
Last updated: June 8, 2025, 19:51
At the meeting
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.
US dollar's dominance secure, BRICS see no progress on de
China declares support for a massive BRICS expansion and convince many countries to ditch the U.S. dollar for global trade.
BRICS: 40 Countries Look To Ditch the US Dollar
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Given the recent expansion of
BRICS Currency May Not Upstage the US Dollar Anytime Soon
Given the recent expansion of the “BRICs” countries to include five new members, will the US dollar remain the world’s reserve currency? Franklin Templeton Institute’s
Explainer: What is a BRICS currency and is the U.S. dollar in trouble?
While there are growing concerns
China Confirms BRICS Expansion, Countries May Ditch US Dollar
While there are growing concerns among the Brics bloc of emerging economies over the scope of financial sanctions from the United States, few countries in the grouping seem
Consider This: Will BRICS dethrone the US dollar?
Brazil
The U.S. dollar remains the world's primary reserve currency, and neither the euro nor the so-called BRICS countries have been able to reduce global reliance on the dollar, a
Brazil's President called on Wednesday for the BRICS nations to create a common currency for trade and investment between each other, as a means of reducing their
Trade: BRICS expansion into payment systems poses