Brics Wont Overtake Us Dollar Bank Of America Says

Last updated: June 9, 2025, 05:49

Brics Wont Overtake Us Dollar Bank Of America Says

The BRICS have no choice

BRICS Currency May Not Upstage the US Dollar Anytime Soon

The global dominance and privilege of the U.S. dollar are not under threat since there are no other currency alternatives available, Bank of America Securities said.

The BRICS have no choice but to use the USD. Despite Brazilian President Lula da Silva's efforts to create a currency for settling payments among BRICS nations, Bank

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US Dollar's Dominance Not Under Threat; BRICS Currencies

BRICS Won't Overtake US Dollar, Bank of America Says - Watcher

Bank of America Securities says

Bank of America Securities says that the global dominance of the US dollar is not in any way under threat, due to there being “no other currency alternatives” available.

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