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Brazil Ditches BRICS Currency Plan, Favors Trade in National Currencies

Moussa by Moussa
February 17, 2025
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Brazil Ditches BRICS Currency Plan, Favors Trade in National Currencies
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Brazil Ditches BRICS Currency Plan, Favors Trade in National CurrenciesBrazil has reportedly decided against pursuing a common currency for the BRICS nations during its presidency this year. Instead, the focus will be on facilitating trade in local currencies, a move that’s been met with warnings from U.S. President Donald Trump about challenging the U.S. dollar’s dominance. The BRICS bloc has been exploring alternatives to […]



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