Yogthos on Nostr: The BRICS alliance settled 65% of trade among member nations in local currencies and ...

The BRICS alliance settled 65% of trade among member nations in local currencies and not the US dollar. The usage of the US dollar and Euro has fallen below 35% among the existing members of the bloc. The development signals a strategic shift in ending reliance on the USD and other Western-dominated currencies. Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade.

#geopolitics #economy

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