New Currency Frontier: BRICS Nations Challenge Dollar Supremacy
BRICS nations challenge US dollar dominance with new currency and growing alliance, signalling a shift in global financial power.
KikyoLog in/ Sign up
روسيا تقترح اختبار مدفوعات CBDC مع أعضاء مجموعة البريكس+
01/03 16:36
Bullish
Bearish
More news about البريكس
- بعد انضمام السعودية: ثروات البريكس تبلغ 45 تريليون دولارBullishBearish
- البريكس: روسيا تبني نظام دفع جديد بدون الدولار الأمريكيBullishBearish
- What’s the deal with Mexico and the BRICS?BullishBearish
More news about البريكس
- Kikyo
Russia's Bold Move: BRICS Expansion Shakes Global Stage
Russia's plan to expand BRICS to 40 nations challenges Western economic dominance, signaling a major shift in global power dynamics.
SanyaRussia's Unexpected Move in BRICS: Redefining Global Agenda with Expansion Plans
Russia announces plans for a significant expansion of the BRICS alliance, inducting five new countries.
ZoeyRussia's BRICS Expansion Shifts Global Dynamics
Russia, led by President Putin, plans to expand BRICS, welcoming Saudi Arabia, UAE, Egypt, Iran, and Ethiopia, signaling a global power shift. This contrasts with Argentina's skepticism under President Milei, rejecting BRICS over financial concerns.
EdmundBRICS Revolution: 25 Nations Plot Exit from Dollar Dominance in 2024 Summit Surge
The expansion of the BRICS alliance and the shift towards local currency trade mark a significant reorientation in global economic dynamics. As over 20 nations express interest in joining BRICS, the potential departure from the US dollar in trade raises concerns about its impact on the American financial sector. The upcoming 2024 BRICS summit could indeed be a turning point, challenging the dominance of the US dollar and reshaping global trade dynamics.
BerniceArgentina at a Crossroads: Peso Devaluation, BRICS Rejection, and the Push for Dollarisation
Argentina, faces a pivotal juncture with the rejection of a BRICS alliance invitation, substantial Peso devaluation, and ambitious plans for dollarisation, raising uncertainties about the nation's economic future.
Hui XinBRICS-Led De-Dollarisation: Transforming Global Finance
BRICS nations are spearheading a strategic de-dollarisation movement, challenging the long-standing dominance of the US dollar in global trade and signalling a transformative shift in the traditional financial order.
JasperIs BRICS Currency Set to Revolutionise the Global Financial System?
BRICS nations unveils plans for their collective currency, shaping the future of global finance.
Hui XinBRICS Alliance the Pushing Force to the End of Dollarisation?
BRICS accelerates de-dollarisation efforts with digital Yuan amid expanding influence.
Hui XinRussia’s central bank views BRICS currency as challenging. Prepares CBDC pilot
It has been widely reported that a common BRICS currency will be discussed at a symposium next month.
Ledgerinsights