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BRICS Summit 2024: A New Chapter in De-Dollarization

The BRICS Summit 2024 marked a significant shift in global financial strategies, focusing on reducing reliance on the US dollar. As BRICS nations explore alternatives, discussions centered on a blockchain payment system, a gold-backed currency, and their potential impact on the global financial system. This move towards de-dollarization signals a transformative shift for emerging economies, offering new avenues for trade relations within the BRICS alliance and beyond.


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