BRICS: 2 Countries Use Local Currency For Imports, Ditch US Dollar

Two BRICS Countries Officially Ditch the US

BRICS Countries officially abandon the US dollar for trade

After BRICS

BRICS: 2 Countries Use Local Currency For Imports

BRICS Nations Aim to Ditch Dollar for Local

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

The new

Boost Domestic Economies: Increased use of local currencies can strengthen domestic businesses and financial institutions. Reduce Vulnerability: Diversifying

The new $1.5 billion import bill by Maldives will see BRICS members India and China settle 50% in local currencies. Therefore, $750 million worth of cross-border transactions will be paid by

BRICS Alliance Pushes for Local Currencies Over US Dollar

BRICS countries India and China

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

BRICS countries India and China agreed in the latest trade deal to use local currencies for import settlement with Maldives and not the US dollar. Maldives said on

2 Countries Use Local Currency For Imports, Ditch US Dollar