Patrick McGee

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BRICS Beats Dollar Dependence: National Currency Settlements Exceed USD Payments

Sep 22, 2024 | wealthinsidermag.com | Patrick McGee |Mamta Badkar

The BRICS bloc might have already overcome its dollar-dependence problem, as the volume of settlements in the national currencies of its member nations has already surpassed the USD-based exchanges. Using the U.S. dollar can lead to expenses that can be avoided when paying with other currencies, BRICS Deputy Chairman of the Chamber of Commerce and […]

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