BRICS Nation Supports the US Dollar and Rejects De-Dollarization

Started by bosman, 2024-10-11 10:28

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In a surprising turn of events, India, a member of the BRICS, has declared that it will not pursue dedollarization, despite the movement that has taken over the world financial system. India has stated unequivocally that it will continue to rely on the US dollar for trade and transactions as long as it is still a required means of payment, and it has no intention of doing so.
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This development is a total reversal from the BRICS program, which aims to promote de-dollarization narratives globally. India is reportedly dissatisfied with the narrative that its BRICS competitors, China and Russia, are promoting. India, according to insiders, thinks China is strengthening its global domination by using BRICS as a stepping stone.


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