The creation of a new common currency will be one of the main questions on the agenda at the BRICS summit in South Africa in August. But there are still many obstacles to overcome before breaking free from the almighty dollar.
Tag: de-dollarization
Sure, financial instability in the U.S. and the weaponization of the dollar have raised crucial questions about how long the dollar can remain the world’s de-facto currency. But France’s leading business daily says don’t expect major changes any time soon.