BRICS TO CHALLENGE US DOLLAR WITH NEW CURRENCY
![BRICS to Challenge US Dollar with New Currency](https://www.lakaybusiness.com/wp-content/uploads/2023/07/Untitled-design-70-1024x512.png)
The BRICS nations, consisting of Brazil, Russia, India, China, and South Africa, are contemplating establishing a new reserve currency to compete with the US dollar. This new currency would be supported by a basket of their respective currencies, allowing them to assert their economic independence and challenge the existing international financial system, which is currently […]