BRICS to launch new currency: Will it challenge the dominance of US dollar?

BRICS is a coalition of five major emerging economies: Brazil, Russia, India, China, and South Africa. Formed in 2009, BRICS aims to enhance cooperation among its members in various sectors, including trade, investment, and development. This group represents a significant portion of the world’s population and GDP. By working together, BRICS  countries seek to promote … Continue reading BRICS to launch new currency: Will it challenge the dominance of US dollar?