Cryptocurrency Q&A What will happen to the US dollar if BRICS currency?

What will happen to the US dollar if BRICS currency?

TeaCeremony TeaCeremony Thu Oct 31 2024 | 5 answers 939
I'm wondering how the value of the US dollar might be affected if the BRICS currencies undergo significant changes or developments. What will happen to the US dollar if BRICS currency?

5 answers

Bianca Bianca Sat Nov 02 2024
The future implications of a new BRICS currency on the US dollar are still unclear.

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Pietro Pietro Fri Nov 01 2024
Various experts are engaged in heated discussions regarding its potential to rival the dollar's global supremacy.

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SapphireRider SapphireRider Fri Nov 01 2024
Many ponder if this new currency could emerge as a formidable competitor to the US dollar.

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Tommaso Tommaso Fri Nov 01 2024
One significant consequence of a stable BRICS currency could be the reduction in the effectiveness of US sanctions.

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Davide Davide Fri Nov 01 2024
This potential weakening of US sanctions power stems from the BRICS currency offering an alternative financial option.

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