Will the BRICS countries announce their intention to de-dollarize at their October 2024 summit?
52
1.3kṀ8137
resolved Jan 9
Resolved
NO

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BRICS countries (Brazil, Russia, India, China, South Africa) are expanding their members, and trying to build an anti-western coalition. Several BRICS countries have already taken steps to reduce their reliance on the dollar. For example, China has been promoting the use of the yuan in international trade, and Russia has been increasing its gold reserves. They would need to create new financial infrastructure and persuade other countries to adopt their alternative reserve currency.

https://www.cnn.com/2023/08/24/business/saudi-arabia-brics-invitation-intl/index.html

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