Putin Drives Dollar Fall: BRICS Relies on Domestic Currencies!

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BRICS: Russia and Belarus conduct $37 billion in trade in local currencies. Dedollarization strengthens regional markets.

Putin Drives Dollar Fall: BRICS Relies on Domestic Currencies!

What a bang in the global economy! Russia is leading the revolution: goodbye, US dollars – hello, local currencies! President Vladimir Putin cares little what the USA thinks: He wants emerging countries to rely on their local currencies in order to strengthen their own economic strength and free themselves from Western sanctions. Welcome to a new era of trading, without the green light as fuel! The BRICS family is setting an important example watcher.guru reports. Russia and Belarus traded an impressive $37 billion in local currencies in 2024 - an increase of a whopping 8.4%.

Putin himself highlights the success of Russian-Belarusian cooperation and predicts continued growth that should even exceed the optimistic expectations of Belarus' President Lukashenko. This is not just an economic move, but a potential landslide in the global financial system. If other developing countries follow the trend, the US dollar could lose significant ground. A paradigm shift is underway, and the rest of the world is watching!