CLARIFICATION STATEMENT ABOUT

Brazil

At the meeting, the leaders representing the BRICS (Brazil, Russia, India, China, and South Africa) nations discussed plans to reduce their dependence on the U.S. dollar.

BRICS Currency May Not Upstage the US Dollar Anytime Soon

Brazil’s President has called for the creation of a common currency for trade and investment between BRICS nations to reduce vulnerability to dollar exchange rate

The Brics Cross

The BRICS Cross-Border Payment Initiative (BCBPI) will use national currencies, instead of the US dollar. Russia's finance ministry and central bank released a report

BRICS Expansion to De-Dollarization: Challenges and Market

BRICS 2025: Expansion and the great de-dollarisation debate

At The Recent Brics Summit

At the recent BRICS summit hosted in Kazan, Russia, the bloc not only expanded its influence by welcoming new full members Iran, Ethiopia and the UAE, but it also

US Responds to Massive BRICS Expansion Effort As

The BRICS countries aim to knock the dollar off its

Consider This: Will BRICS dethrone the US dollar?

Trade: BRICS expansion into payment systems poses

BRICS plans ‘multi-currency system’ to challenge US dollar

Given The Recent Expansion Of

Given the recent expansion of the “BRICs” countries to include five new members, will the US dollar remain the world’s reserve currency? Franklin Templeton Institute’s

BRICS Countries officially abandon the US dollar for

BRICS 2025: Expansion, De-Dollarization, and the Shift