COINFLEX HAS ISSUED

After Brics

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

BRICS Countries officially abandon the US dollar for trade

Russia Purchased Arms Manufactured By

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

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

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

Brics Members India And Russia

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

BRICSis Shaping a Future Without theDollar-bricsbridge

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

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

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