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China is aggressively advocating for the Chinese yuan to replace the US dollar in trade between BRICS member countries and their global partners. Under the BRICS: U.S. Dollar Declines 0.11%, Chinese Yuan Transactions Reach January 2025 Highs. The Chinese Yuan’s share in global SWIFT transactions reached its highest activity since January 2025. The overall international trade settlements with the Chinese Yuan The US dollar accounted for 39.5% of all cross-border settlements made by BRICS member Russia during the same period. The US dollar has decreased by 2.5% making The Chinese Yuan’s share in global SWIFT transactions reached its highest activity since January 2025. The overall international This trend has accelerated, notably driven by China, whose currency, the yuan, has tripled its share of global reserves to reach 3%. This movement reflects a clear China’s holdings of US Treasuries declined from $1.07 trillion in January 2025 to $1.03 trillion in January 2025. This article examines the global economic shift away from US dollar dominance, focusing on the rise of the Chinese yuan and de-dollarization efforts, particularly

BRICS: U.S. Dollar Declines 0.11%, Chinese Yuan Transactions Reach January 2025 Highs

This article examines the global economic shift away from US dollar dominance, focusing on the rise of the Chinese yuan and de-dollarization efforts, particularly within the BRICS nations. China is aggressively advocating for the Chinese yuan to replace the US dollar in trade between BRICS member countries and their global partners.

Recent data reveals a significant trend: Under the BRICS: U.S. Dollar Declines 0.11%, Chinese Yuan Transactions Reach January 2025 Highs. The Chinese Yuan’s share in global SWIFT transactions reached its highest activity since January 2025. The overall international trade settlements with the Chinese Yuan are steadily increasing.

The US dollar accounted for 39.5% of all cross-border settlements made by BRICS member Russia during the same period. The US dollar has decreased by 2.5% making The Chinese Yuan’s share in global SWIFT transactions reached its highest activity since January 2025. The overall international trade settlements with the Chinese Yuan are playing an ever increasing role. This trend has accelerated, notably driven by China, whose currency, the yuan, has tripled its share of global reserves to reach 3%.

This movement reflects a clear China’s holdings of US Treasuries declined from $1.07 trillion in January 2025 to $1.03 trillion in January 2025, further indicating a shift in economic strategy and a move towards greater financial independence. The increasing use of the yuan in BRICS trade signals a potential future where the US dollar's dominance is significantly challenged.

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