BRICS Alliance Explores Reducing Dollar Dependence Without Common Currency

The BRICS nations are exploring strategies to reduce reliance on the US dollar by settling trade in national currencies through a multilateral clearing system, rather than adopting a common currency.

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First report 1h ago•Last update 54m ago

BRICS Alliance Explores Reducing Dollar Dependence Without Common Currency

The BRICS nations are exploring strategies to reduce reliance on the US dollar by settling trade in national currencies through a multilateral clearing system, rather than adopting a common currency.

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