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BRICS plans financial revolution: Will new currency reserve revolutionize the dollar?
BRICS is planning a foreign exchange reserve to challenge the Western financial order by conducting trade in local currencies.
BRICS plans financial revolution: Will new currency reserve revolutionize the dollar?
Revolution in financial madness! BRICS is aiming for the top to storm the dollar throne. While Uncle Sam trembles, the BRICS bloc works in secret: trade in local currencies, increase gold reserves and get rid of dollar dominance! But the really big coup? A mysterious BRICS currency reserve, a real game-changer for the global financial market, is waiting in the wings.
Financial guru and Jio Financial Services boss KV Kamath chatted about the matter on CNBC-TV18. He revealed that this reserve is ready to act as a kind of parallel IMF monster against the Western financial giants like the IMF. A huge step that could make the dollar export game very difficult for the USA. Kamath, the visionary, proclaims: “There is gigantic strength in unity!” More on this development.
The fabled BRICS Bank, also known as the New Development Bank, is pulling the strings of a new currency. A project for two years, but details are scarce. Will this currency soon turn our money game upside down? This remains the bloc's best-kept secret. Pure excitement in the global currency ring!