Will a new BRICS currency rival the U.S. dollar?

The BRICS collective, comprising Brazil, Russia, India, China and South Africa, is working on a common currency in an attempt to ditch the US dollar and push back against America’s dominance. The move comes as Moscow and Beijing call for de-dollarisation in the face of Western sanctions. The US dollar has been the official currency … Continue reading Will a new BRICS currency rival the U.S. dollar?