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BRICS failed to uproot the US dollar’s dominancy despite multiple efforts, which included convincing other countries to ditch the USD. Here’s the list of 20 countries, including BRICS nations, which the US dollar outperformed since last month. Also Read: Explore how the BRICS nations' proposal for a new currency could challenge the US dollar's dominance in global trade, reshaping international finance and economic power 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 16 de sept. de 2025 The BRICS currency project, while enticing on paper, raises questions about its feasibility and economic implications. If it were to come to fruition, it would represent About 10 local currencies have outperformed the US dollar this week, including both BRICS countries. Only the DXY index, which tracks the US dollar’s The US dollar is on a winning streak as it dethroned nearly 20 leading global currencies this month. In the last 30 days, the US dollar overtook all BRICS currencies and

BRICS vs. Dollar: US Dollar Outperforms 20 Currencies in Shocking Reversal

The US dollar is on a winning streak! Despite ongoing discussions and efforts by BRICS nations to challenge its global dominance, the "mighty U.S. dollar" has surprisingly outperformed nearly 20 leading global currencies this month. Let\'s delve into which currencies succumbed to the dollar\'s strength.

US Dollar Dethrones BRICS and More: Which Currencies Lost?

In the last 30 days, the US dollar has demonstrated remarkable resilience, overtaking all BRICS currencies. This surprising performance highlights the dollar\'s continued strength, despite predictions of its potential decline. BRICS failed to uproot the US dollar’s dominancy despite multiple efforts, which included convincing other countries to ditch the USD. Here’s the list of 20 countries, including BRICS nations, which the US dollar outperformed since last month.

While some local currencies have shown strength, with about 10 local currencies having outperformed the US dollar this week, including both BRICS countries, the overall trend for the past month paints a clear picture of the dollar\'s resurgence.

The BRICS Currency Project: A Threat to the Dollar\'s Reign?

The BRICS nations\' proposal for a new currency continues to generate debate. Explore how the BRICS nations\' proposal for a new currency could challenge the US dollar\'s dominance in global trade, reshaping international finance and economic power. The BRICS currency project, while enticing on paper, raises questions about its feasibility and economic implications. If it were to come to fruition, it would represent a significant shift in the global financial landscape. Remember too that 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 16 de sept. de 2025.

Dollar Strength: Driven by the DXY Index

The DXY index, which tracks the US dollar’s performance against a basket of six major currencies, provides further insight into the dollar\'s recent surge. Only the DXY index, which tracks the US dollar’s behavior, underlines its current strength against the alternatives.

Will the US Dollar Maintain Its Lead?

The question remains: can the US dollar sustain this momentum? Factors such as global economic uncertainty, inflation rates, and geopolitical events will play a crucial role in determining the future of the dollar and its position in the global financial order. Stay tuned for further updates on this developing story.

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