BRICS Currency Could Become Game Changer For Dollar-Dominated Financial System

While more and more countries seek to break away from the international banking system focused on the US dollar, creating a common BRICS currency is likely to top the agenda of the South African summit and spark many discussions and hopes. RT correspondent Donald Courter explains. RT.com
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25.08.23 ++ BREAKING +++
BRICS officially abandon the US dollar !!!
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"...BRICS officially bids farewell to US dollar for trade...
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The much-anticipated BRICS summit took place this week and the whole world was watching. In particular, the geopolitical sector wanted to find out what could result from the gathering. A focus has been placed on both local currency development and potential expansion.
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With the expansion already announced, the BRICS countries will now officially abandon the US dollar for trade settlements. The move is in line with the economic policies the union wanted to pursue and was endorsed by the Brazilian president. Ultimately, it will have a noticeable impact on the greenback's performance in the coming months.
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The proposal was originally made by Brazilian Lula da Silva at this week's BRICS summit. In addition, he had advocated the further development of a BRICS currency. Specifically, so the bloc could "expand payment options and reduce our vulnerability," he told summit attendees.
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The demand for a move away from the US dollar in international trade has been raised again and again. But with the arrival of countries like Saudi Arabia, the United Arab Emirates (UAE) and Iran, the impact will be even greater. With major oil sales impending to emigrate from the US dollar, the geopolitical ramifications should no doubt be felt..."
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https://twitter.com/BRICSinfo?t=oPOaB8Bv2_SaV52LHzRISg&s=09
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+++ UPDATES +++
24.08.23 With Saudi Arabia 🇸🇦, UAE 🇦🇪 and Iran 🇮🇷 joining BRICS next year - the bloc will control 80% of global oil production 💥
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