New Country Ready To Support De-Dollarization and Join BRICS
The number of countries wanting to join the BRICS alliance and support the de-dollarization agenda is rapidly growing in 2024. There’s a new country expressing interest in joining the bloc almost every two weeks in the last three months. The development indicates that the bloc’s de-dollarization initiative is lucrative and other countries want to free their economies from the grasp of the US dollar. Also Read: BRICS: India To Accept Local Currencies For Trade, Sideline US Dollar Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. The move will help developing nations push local currencies ahead and strengthen their native economies. The US dollar will face a deficit if it loses in the global supply and demand mechanism in the markets due to de-dollarization. Also Read: Former Russian PM Talks About BRICS Currency BRICS: DRS Congo Shows Interest To Join the Bloc & Advance De-Dollarization Source: iStockphoto Russian Ambassador ...