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Last updated: June 16, 2025, 17:38  |  Written by: Arthur Hayes

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BRICS: 2 Countries Officially Agree To Ditch the US Dollar For Trade

BRICS De-Dollarization: India & Indonesia Ditch the US Dollar for

Indonesia looks to move to trade in 'local currencies' and away

India And Indonesia Have Officially

BRICS Countries officially abandon the US dollar for trade

Indonesia’s Promising BRICS Journey Amidst Global Turbulence

India and Indonesia have officially agreed to ditch the US dollar for cross-border trade. The two BRICS nations will now conduct transactions using their national

Indonesia

BRICS members India and Indonesia have officially agreed to abandon the US dollar and settle cross-border transactions in local currencies. The decision to use local

Indonesia, which joined BRICS in January 2025, has quickly embraced the shift away from the dollar, further accelerating the alliance’s mission to challenge the U.S.

Indonesia has become the latest major country to join the ranks of China, India, Russia and others in challenging the dominance of the US dollar in the global financial

As The First Southeast Asian

(PDF) The BRICS' Move Away From US Dollar: The

As the first Southeast Asian nation to join BRICS, Indonesia has injected fresh energy into the coalition, extending its reach into the dynamic Southeast Asian region.

Which Two BRICS Nations Officially Agree To Ditch the US Dollar

Indonesia Follows Suit In BRICS’s Dedollarization Move

Arthur Hayes can be reached at [email protected].

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