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3232BRICS Slashes US Dollar and Euro Transactions to Below 30%
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Sat, 12 Oct 2024 03:46:20 +0000https://www.digit.info/brics-slashes-us-dollar-and-euro-transactions-to-below-30/Read more]]>BRICS nations are increasingly using national currencies, with 65% of transactions now conducted in local currencies, according to a Russian finance official. The U.S. dollar and euro account for less than 30% of payments among member states, signaling a strategic shift to reduce dependency on Western financial systems. The trend has accelerated due to sanctions […]
BRICS nations are increasingly using national currencies, with 65% of transactions now conducted in local currencies, according to a Russian finance official. The U.S. dollar and euro account for less than 30% of payments among member states, signaling a strategic shift to reduce dependency on Western financial systems. The trend has accelerated due to sanctions […]
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