24/10/2025
[Op-Ed] The prominent role of the US dollar in global finance, particularly its use by sanctioned regimes, has prompted a growing response among the BRICS countries, Brazil, Russia, India, China and South Africa. For these economies, the dollar's dominance is no longer seen as merely an economic convention, but increasingly as a source of strategic vulnerability. As a result, the shift toward de-dollarisation among BRICS is unfolding not as a disruptive break, but as a gradual, multifaceted and long-term effort to build greater monetary autonomy and resilience.
https://www.phnompenhpost.com/opinion/from-swift-to-brics-pay-the-emerging-architecture-of-de-dollarisation
[Op-Ed] The prominent role of the US dollar in global finance, particularly its use by sanctioned regimes, has prompted a growing response among the BRICS countries, Brazil, Russia, India, China and South Africa. For these economies, the dollar's dominance is no longer seen as merely an economic convention, but increasingly as a source of strategic vulnerability. As a result, the shift toward de-dollarisation among BRICS is unfolding not as a disruptive break, but as a gradual, multifaceted and long-term effort to build greater monetary autonomy and resilience.
👉🔗 Full Story: https://www.phnompenhpost.com/opinion/from-swift-to-brics-pay-the-emerging-architecture-of-de-dollarisation
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