BRICS’ India officially rejects idea of replacing dollar with yuan

India’s discontent with China is on full display at the SCO 2024 summit. Prime Minister Narendra Modi decided to skip the summit in Kazakhstan, sending Foreign Minister Subrahmanyam Jaishankar instead. China is aggressively promoting de-dollarization at the two-day summit. Russia is also backing China’s stance, urging the use of local currencies for trade instead of […] source: https://www.cryptopolitan.com/brics-india-no-to-replacing-dollar-with-yuan/