BRICS Shift 65 % Of Internal Trade Away From The Dollar

The greenback is increasingly losing ground within the BRICS alliance. Indeed, the use of local currencies in various commercial exchanges is now intensifying among the member states of the bloc. The reduction of their dependence on the dollar as well as the related costs of cross-border payments are the objectives thus set. This revolution then constitutes a new phase in the struggle for monetary sovereignty, while the US administration tries…