BRICS overturns the single currency: Trump's victory changes the rules of the game!
BRICS scraps single currency plan and withdraws from dollar focus. Decision follows Trump's victory in 2024.
BRICS overturns the single currency: Trump's victory changes the rules of the game!
The BRICS alliance is causing a stir! In a stunning about-face, the alliance has decided to jettison the idea of a common currency. This news comes according to observers from watcher.guru given their recent move away from the US dollar. Russia, which has long led dedollarization, is retreating. President Vladimir Putin has bluntly announced that the green light in trade will not disappear. The current change of power in the USA, triggered by Donald Trump's triumphant return, is shining a bright light on the political landscape.
Russia is signaling a change of course with this announcement, and spokesman Dmitry Peskov made it clear that the idea of a single currency is “currently not possible.” While experts in Brazil emphasize that Trump's return will have no impact on their dedollarization plans, the alliance remains divided. Russia, the mastermind behind these efforts for years, could now set the tone for the coming months. The world is watching with excitement because the impact could be enormous, especially since the BRICS countries have so far been seen as challengers to global dollar hegemony.