Brics Nations Abandoning Us Dollar As Reserve Currency In 2024

Last updated: June 9, 2025, 23:22

Brics Nations Abandoning Us Dollar As Reserve Currency In 2024

Given the recent expansion of

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

BRICS plans ‘multi-currency system’ to challenge US dollar

Consider This: Will BRICS dethrone the US dollar?

BRICS: Nations Abandoning US Dollar as Reserve Currency in 2025

US dollar's dominance secure, BRICS see no progress

Nearly 20 more countries set to permanently ditch

The BRICS Cross

Four of those six nations joined the BRICS bloc to work in abandoning the US Dollar as the leading reserve currency in 2025. With another summit scheduled for later this year, more

Nations Abandoning US Dollar as Reserve Currency in 2025

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

Numerous nations across Africa

To ensure a soft landing the New Development Bank of BRICS countries can issue bonds that would be sold to countries, whose assets have been frozen or are afraid that

US dollar is losing it position of a reserve currency: how new BRICS

Numerous nations across Africa, Asia, and even the West have shown interest in the BRICS alliance and its mission, which could potentially weaken the US Dollar's

BRICS Shift: US Dollar Dethroned as Reserve Currency in 2025