In a bold move

BRICS Bypasses the Dollar: $4 Billion Arms Deal in Local Currency

After BRICS, a new alliance has kick-started the de-dollarization process and is using local currencies for trade and not the US dollar. The Commonwealth of

In a bold move, Russia paid $4 billion for Indian-made arms using local currencies, sidelining the US dollar entirely. This significant transaction underscores the

Russia purchased arms manufactured by

BRICS: 12 Countries Ditch US Dollar, Pay 85% Trade in Local

BRICS Pays $4,000,000,000 in Local Currency, Sidelines US Dollar

Russia purchased arms manufactured by its BRICS counterpart India by paying $4 billion in local currencies and not the US dollar. The Indian-made arms and

The

The “BRICS Bridge”, a digital payment platform, aims to facilitate trade in local currencies, while “BRICS Clear”, an independent financial messaging system, offers an

The growing trend of De-dollarisation: Not restricted

BRICSis Shaping a Future Without theDollar-bricsbridge

BRICS members India and Russia

BRICS Countries officially abandon the US dollar for trade

BRICS members India and Russia ditched the US dollar and settled payments worth 4 billion in local currencies Russian exporters purchased Indian-made arms

BRICS Ditches US Dollar, Settles $4 Billion Trade in Local Currencies