BRICS De-Dollarization Efforts: More Talk, Less Action

BRICS leaders are pushing for the use of local currencies in intra-bloc trade to lessen reliance on the US dollar. Despite these assertions, market observers believe that concrete actions to significantly reduce the dollar's global dominance are still largely absent. This thematic discussion on de-dollarization is not expected to cause immediate shifts in the US dollar's strength or directly impact gold and PKR rates in Pakistan.

بحوالہ / Source: www.cnbc.com