November 22, 2024

BRICS Leaders Push for Local Currency Network, Diminishing US Dollar Role

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BRICS leaders have declared their commitment to a local currency payment network designed to revolutionize cross-border transactions and reduce reliance on the U.S. dollar. BRICS Leaders Commit to a Groundbreaking Local Currency Payment Network At the 16th BRICS Summit in Kazan, Russia, BRICS leaders underscored their commitment to advancing a more integrated financial system across […]

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