End of Dollar Dominance? BRICS Nations Adopt Indian Rupee for Global Trade
Автор: Viral Times Tak
Загружено: 2025-08-19
Просмотров: 75530
Описание:
End of Dollar Dominance? BRICS Nations Adopt Indian Rupee for Global Trade
Is this the end of Dollar dominance? BRICS nations — Brazil, Russia, India, China & South Africa — are now moving towards the Indian Rupee for global trade settlements. With over 3 billion people and a $24 trillion economy, BRICS is directly challenging the US Dollar’s supremacy.
India’s RBI circular on rupee trade has allowed banks to open Vostro accounts and settle trade directly in rupees. This bold step could weaken Dollar dominance, strengthen the Indian Rupee, and reshape the global economy.
Covered Topics:
BRICS vs US Dollar
RBI’s new circular on rupee trade
Vostro accounts explained
India’s response to US tariffs
Oil trade beyond Dollar
Future of Indian Rupee as a global currency
#BRICS #IndianRupee #DollarVsRupee #GlobalTrade #GlobalEconomy #RBI #DollarCollapse #BRICS2025 #FinanceNews #Geopolitics
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