BRICS strengthens economic independence by moving away from US dollar

Feb 5, 2025 - 13:00
BRICS strengthens economic independence by moving away from US dollar
BRICS de-dollarization, BRICS trade currencies, Russia Iran local currencies, US dollar alternative, BRICS financial independence, BRICSRussia and Iran have officially announced that 96% of their bilateral trade is now conducted using their local currencies—the Russian ruble and the Iranian rial. This shift marks a crucial milestone in the broader BRICS initiative to challenge the dominance of the US dollar in global trade and foster a more diverse and multipolar financial […]