BRICS’ reserve currency: An attempt to reduce the dollar's dominance?

Sauradeep Bag

Description

Whilst Russia and China are leading de-dollarisation initiatives due to their geopolitical rivalry with the US, India, Brazil, and South Africa have supported BRICS’ statements on altering the global financial system for their own interests.

 
Jan 1st, 12:00 AM

BRICS’ reserve currency: An attempt to reduce the dollar's dominance?

Whilst Russia and China are leading de-dollarisation initiatives due to their geopolitical rivalry with the US, India, Brazil, and South Africa have supported BRICS’ statements on altering the global financial system for their own interests.