BRICS: A New Battleground Countering US Hegemony, page-7

  1. 5,114 Posts.
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    I don't know what currency will be used among the BRICS countries. But it is already a fact that:

    - India paid gas in rupee to Russia
    - China paid oil in RMB to Saudi Arabia
    - Kenya wants to trade in the local currency with its neighbours instead of US dollar
    - Indonesia, Singapore, Malaysia, Thailand residents now pay goods and services using their own local currency (they don't need to buy US dollar anymore like before).

    So it is obvious to me the de-dolarization process is unstoppable!
 
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