The BRICS countries will accelerate de-dollarisation if they can create a single currency. This was reported by RT in Russian, citing French columnist Claire Bargeles for Les Echos.
Bargeles argues that the BRICS will accelerate de-dollarisation if they can create a single currency. She noted, however, that the BRICS countries account for more than 40% of the world’s population and almost a quarter of global GDP.
“Enough to have monetary ambitions that seek to defend a multipolar world that will not be dominated by the US,” she said.
The columnist believes the BRICS is exploring other ways to reduce dependence on the dollar. As an example, the journalist cited increasing trade in local currencies.
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