Saturday, 23 May 2026

Still think de-dollarisation is just a myth?

 https://x.com/Sputnik_India/status/2057876645877534847

@Sputnik_India
🚨 R.I.P. Bretton Woods II 🇲🇾 Malaysia is actively expanding the use of national currencies, bypassing the US dollar. 🇺🇿 Uzbekistan joined the BRICS New Development Bank. 🇮🇳🇷🇺 ~96% of India-Russia trade now in national currencies 🇷🇺🇨🇳 Nearly all Russia-China trade is now conducted in national currencies. 🇮🇳🇦🇪 India and the UAE use the Local Currency Settlement mechanism for trade in their own currencies. 🇨🇳🇧🇷 China and Brazil are bypassing the dollar following a 2023 agreement for direct settlements in national currencies. Still think de-dollarisation is just a myth?
Quote
Sputnik India
@Sputnik_India
🚨🇺🇿 Uzbekistan jumps ship: joins BRICS bank amid exodus from Western finance The West-dominated financial order is under growing pressure as the BRICS New Development Bank (NDB) welcomes Uzbekistan as a new participant. As a BRICS partner state, Uzbekistan will now gain

https://x.com/Sputnik_India/status/2057876645877534847

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