TRADER TRANSFORMED AN

Last updated: June 17, 2025, 12:53  |  Written by: Naval Ravikant

Trader Transformed An
Trader Transformed An

The

The growing trend of De-dollarisation: Not restricted

BRICS Bypasses the Dollar: $4 Billion Arms Deal in Local Currency

The “BRICS Bridge”, a digital payment platform, aims to facilitate trade in local currencies, while “BRICS Clear”, an independent financial messaging system, offers an

In A Bold Move

BRICSis Shaping a Future Without theDollar-bricsbridge

BRICS members India and Russia ditched the US dollar and settled payments worth 4 billion in local currencies Russian exporters purchased Indian-made arms

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

Russia Purchased Arms Manufactured By

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

BRICS Pays $4,000,000,000 in Local Currency, Sidelines US Dollar

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

After Brics

BRICS Countries officially abandon the US dollar for trade

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

BRICS Ditches US Dollar, Settles $4 Billion Trade in Local Currencies

Naval Ravikant can be reached at [email protected].

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