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BRICS Slashes US Dollar and Euro Transactions to Below 30%
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BRICS Slashes US Dollar and Euro Transactions to Below 30%

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Source: Bitcoin.com

BRICS Slashes Dollar and Euro Transactions to Below 30%BRICS nations are increasingly using national currencies, with 65% of transactions now conducted in local currencies, according to a Russian finance official. The U.S. dollar and euro account for less than 30% of payments among member states, signaling a strategic shift to reduce dependency on Western financial systems. The trend has accelerated due to sanctions […]

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Author: Kevin Helms

Related posts:

  1. Former President Donald Trump’s Advisers Explore Penalties for Nations Ditching US Dollar
  2. Economist Jim Rickards Discusses US Dollar Decline and Potential $27,000 Gold
  3. Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization
  4. BRICS Beats Dollar Dependence: National Currency Settlements Exceed USD Payments
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