BRICS Expansion Plan and Launching of BRICS Currency to Decrease Influence of US Dollar

The expansion of BRICS would be a major blow to the US dollar, which is currently the world’s reserve currency. The US dollar is used in most international transactions, and it is also the currency of choice for many countries when they hold foreign reserves besides BRICS would enhance its global influence, creating a more balanced multipolar world order by including other emerging economies

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