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Thursday, May 25, 2023

DOLLAR

The Rising Power of BRICS: An End to Dollar Dominancy?

In the realm of global economics, a quiet revolution is transpiring. The balance of power is subtly shifting, gradually being wrested away from the historical stronghold of the U.S dollar. The new contenders: BRICS nations—Brazil, Russia, India, China, and South Africa. In this article, we'll delve deep into the causes, implications, and possible future of this transformation toward the possible end of dollar dominance.