BRICS Accelerates Currency Shift With New Trade Tools and Payment Systems
BRICS nations are turbocharging their break from Western-dominated finance, advancing local currency trade, cross-border payment systems, and groundbreaking investment platforms to empower the Global South. BRICS Ministers Push Local Currencies, Cross-Border Payment Plan, and New Investment Platforms Foreign ministers from the BRICS countries highlighted their commitment to shifting away from reliance on dominant global currencies
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Published: May 4, 2025