BRICS WONT OVERTAKE US DOLLAR BANK OF AMERICA SAYS

Last updated: June 16, 2025, 04:03  |  Written by: Dan Larimer

Brics Wont Overtake Us Dollar Bank Of America Says
Brics Wont Overtake Us Dollar Bank Of America Says

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.

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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U.S. President-elect Donald Trump has warned the BRICS countries that if they attempt to replace the “mighty U.S. dollar” they would face “100 percent tariffs and should

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.

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Dan Larimer can be reached at [email protected].

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