Brics Ditches Us Dollar Settles 4 Billion Trade In Local Currencies
BRICS members India and Russia
The “BRICS Bridge”, a digital payment platform, aims to facilitate trade in local currencies, while “BRICS Clear”, an independent financial messaging system, offers an
BRICS members India and Russia ditched the US dollar and settled payments worth 4 billion in local currencies Russian exporters purchased Indian-made arms
BRICS Ditches US Dollar, Settles $4 Billion Trade in Local Currencies
In a bold move
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
BRICS Pays $4,000,000,000 in Local Currency, Sidelines US Dollar
BRICS: 12 Countries Ditch US Dollar, Pay 85% Trade in Local
BRICSis Shaping a Future Without theDollar-bricsbridge
BRICS Bypasses the Dollar: $4 Billion Arms Deal in Local Currency
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
The growing trend of De-dollarisation: Not restricted
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