De-Dollarisation: Can BRICS Currency Upend the Dominance of the Dollar? | Vantage on Firstpost

Опубликовано: 02 Июнь 2023
на канале: Firstpost
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De-Dollarisation: Can BRICS Currency Upend the Dominance of the Dollar? | Vantage on Firstpost

Amid the shifting geopolitical landscape, BRICS foreign ministers are pushing the boundaries, advocating for a multi-polar world that challenges the West's dominance. The potential use of alternative currencies is part of this vision.

As the de-dollarisation trend gathers stream, the BRICS nations have sought guidance from the bloc's bank on the functioning of a potential new shared currency. How will this initiative affect the US dollar's dominance?

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