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Replying to Avatar kevskewl

It's really happening: Russia is proposing a BRICS “multicurrency system” for cross-border trade.

This will help countries circumvent illegal Western unilateral sanctions.

It will also let them settle transactions in local currencies, not the US dollar.

https://www.bloomberg.com/news/articles/2024-10-11/russia-pitches-brics-payment-system-aiming-to-break-us-dominance

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nym 1y ago

They’ve been saying that for years

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