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🇷🇺🇨🇳 BRICS conducts $260 billion worth of trade without US dollar
The BRICS countries aim to eliminate the US dollar from all global trade and transactions by 2024. The bloc’s goal is to put local currencies above the US dollar to strengthen domestic economies and businesses. The alliance is also urging other developing countries to follow suit and make payments for cross-border transactions in local currencies.
Dedollarization is in full swing.