BRICS Trade Hits New Record as US Dollar Takes Big Hit
The BRICS economic alliance has seen its unilateral trade reach a notable new record as the US dollar has taken another big hit. The United States dollar suffers yet another blow as the BRICS countries' unilateral trade has reached a record high. In this video, we explore the significant impact on the US dollar as BRICS countries, particularly India and Russia, reach unprecedented levels of local trade.
🗽Trade Reaches $50B Record in Local Currencies‼️ According to recent reports, bilateral trade between both Russia and India reached a record $50 billion for BRICS trade. Specifically, the BRICS trade has recently reached a new record, as the US dollar took another massive blow.
Throughout the last year, the BRICS economic alliance has not been shy about its de-dollarization hopes. Specifically, two of the bloc’s most prominent nations have seen significant increases in trade using local currencies. This shift away from the US dollar signals a potential reshaping of the global economic landscape. Learn more about how BRICS trade hits new record as US Dollar takes big hit.Global Finance Magazine/File.