The BRICS Are Accelerating Their Transition To Local Currencies.

The global monetary architecture is shaking on its foundations. By reducing the share of the dollar in their exchanges to 33%, the BRICS are signaling a historic break. Their trade now largely relies on their own currencies. Behind this shift lies a deliberate strategy to fragment a system dominated by the greenback. This is no longer an intention; it is a movement underway. And it is reshaping the balances of a financial order that has until now been under the influence of Washington. L’article The BRICS Are Accelerating Their Transition To Local Currencies. est apparu en premier sur Cointribune.