Nearly 50% of world trade is done in USD, less that 3% in yuan. It cannot increase while it isn't freely exchanged, and that can't happen because the Chinese billionaires would shift their money overseas.AI-generated answer. Please verify critical facts.it is important to note that the US dollar still dominates international trade, accounting for about 90% of all currency trading. While there have been efforts to promote the use of BRICS currencies in trade, the US dollar remains the primary currency for global transactions.
Brics only exists in your imagination. India and China hate each other's guts.
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- BRICS outperforming the G7 GDP by $20 trillion.