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BRICS' Bold Move: New Payment System to Sideline US Dollar!
6 months ago
21
##SideliningUSD
Sergey Ryabkov has reaffirmed BRICS' commitment to a groundbreaking new payment system, aiming to reduce reliance on the US dollar and enhance economic independence. This independent system promises smoother cross-border transactions, leveraging a basket of local currencies. What does this mean for global financial dynamics and existing payment systems? Join us as we delve into the significance of this initiative for member countries and its potential impact on the global economy. Discover how this strategic move could reshape international trade practices and challenge the US dollar's dominance. Don't miss out on this insightful discussion!
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