Dollar Dominance at Risk? BRICS Challenges USD Power
Is the dollar’s global dominance under threat? BRICS nations are challenging its stronghold. The era of dollar dominance faces an unprecedented challenge as the BRICS alliance (Brazil, Russia, India, China, and South Africa) pushes for de-dollarization. For decades, the US dollar (USD) has been the world’s primary reserve currency, dominating global trade, oil markets, and financial systems. But with … Read more