Brics Takes On The Dollar

Last updated: June 12, 2025, 08:38

Brics Takes On The Dollar

Central to this ambition is

Central to this ambition is the discussion of a potential BRICS currency, part of a broader de-dollarization strategy aimed at replacing the dollar as the dominant medium for

Should the BRICS nations establish a new reserve currency, it would likely significantly impact the US dollar, potentially leading to a decline in demand, or what's known

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BRICS nations are challenging its

Explainer: What is a BRICS currency and is the U.S.

BRICS nations are challenging its stronghold. The era of dollar dominance faces an unprecedented challenge as the BRICS alliance (Brazil, Russia, India, China, and