BRICS’ Currency Debate Shifts From Dollar Challenge To Diversification

BRICS leaders gathered in New Delhi with de-dollarisation once again dominating the economic conversation.While the rhetoric around reducing dependence on the dollar has intensified, the practical reality remains far more complex. India’s position is clear: it favours bilateral local-currency trade and interoperable cross-border payment systems rather than a common BRICS currency or a direct
BRICS leaders gathered in New Delhi with de-dollarisation once again dominating the economic conversation.While the rhetoric around reducing dependence on the dollar has intensified, the practical reality remains far more complex. India’s position is clear: it favours bilateral local-currency trade and interoperable cross-border payment systems rather than a common BRICS currency or a direct
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