BRICS Expansion: BNY Mellon\'s Take on the US Dollar\'s Future (Updated Sept 5, 2025)
Could the BRICS alliance dethrone the US dollar? Recent discussions, fueled by the expansion of BRICS, have ignited debate. This article explores the likelihood of such a shift, drawing insights from a recent analysis by The Bank of New York (BNY) Mellon.
5 de sept. de 2025 On the heels of the BRICS alliance’s six-country expansion, The Bank of New York (BNY) Mellon outlines just how the US Dollar could be beaten. While some predict the end of dollar dominance, BNY Mellon offers a nuanced perspective.
BNY Mellon\'s Perspective on BRICS and the USD
5 de sept. de 2025 The Bank of New York Mellon has shared its perspective on why the expansion of the BRICS economic alliance is unlikely to challenge the US dollar’s supremacy. However, they also highlighted potential pathways for a change in the global financial landscape. According to BNY Mellon, the additions of Iran, the UAE, Egypt, and Saudi Arabia will make the new BRICS group a heavyweight in energy exports, particularly oil. This suggests that...
BNY Mellon Bank recently commented on the growth of BRICS. The Bank says that the US Dollar could fall if BRICS targets more technology and the rest of global reserves. “The USD is..." [full quote not provided for length, but would be included here]. This strategic focus, coupled with shifts in global reserves, presents a potential, albeit challenging, avenue for weakening the dollar\'s position.
Is the Dollar\'s Reign Ending? BNY Mellon Weighs In
1 de sept. de 2025 The dollar is unlikely to lose its status as the global reserve currency anytime soon, even as the expansion of the BRICS group of developing nations signals another...Calls for a global shift away from dollar dominance are not new, nor are they unique to BRICS, but experts say recent geopolitical shifts and growing tensions between the...
While the global economic order has long been shaped by the hegemony of the US dollar, signs of an inevitable transition are multiplying. Today, a new milestone has... The Bank of New York Mellon Corp. (BNY Mellon) explained in a note, published Friday, that the U.S. dollar is unlikely to lose its global reserve currency status despite the expansion of the...
Trump\'s Warning and BRICS\' Ambitions
This suggests that the U.S. President-elect Donald Trump has warned the BRICS countries that if they attempt to replace the “mighty U.S. dollar” they would face “100 percent tariffs and should..." [full quote not provided for length, but would be included here]. This warning underscores the significant geopolitical implications surrounding any attempt to challenge the dollar\'s dominance.
In conclusion, while BNY Mellon acknowledges the potential for BRICS to challenge the US dollar, particularly through strategic investments in technology and reserve management, they remain unconvinced that the dollar\'s reign is ending anytime soon. The expansion of BRICS, however, undeniably introduces new dynamics into the global financial order.