How Brics 41 Other Nations Will Halt Us Dollar Dominance Heres The Plan

Last updated: June 9, 2025, 08:22

How Brics 41 Other Nations Will Halt Us Dollar Dominance Heres The Plan

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

There has been increasing talk of the BRICS nations (Brazil, Russia, India, China and South Africa) developing a new currency that will rival the US dollar as the global

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

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America’s use of its financial hegemony to impose sanctions is being questioned day-by-day, and with rising tension between the US and China the global financial

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BRICS leaders

BRICS leaders, including Brazilian President Luiz Inacio Lula da Silva, emphasised the need for options beyond the dollara sentiment resonating with developing