BRICS Dollar Devaluation Path Strengthens With New Payment Systems
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最新报道：BRICS nations are accelerating de-dollarization efforts through new financial infrastructure, including BRICS Pay for local transactions and over 6,000 tons of gold reserves held by members. China's central bank governor highlighted currency weaponization risks, as the bloc reduces dollar reliance via local currency trade agreements and gold-backed stability—with Russia and China holding nearly 75% of the group's gold. The dollar fell over 10% against major currencies in its weakest start since 1973, while BRICS advances alternatives through gradual system-building rather than immediate currency launches.
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