hit tracker
Friday, June 14, 2024
HomeLatest NewsPutin: BRICS is undergoing irreversible de-dollarization process KXan 36 Daily News

Putin: BRICS is undergoing irreversible de-dollarization process KXan 36 Daily News

Date: June 14, 2024 Time: 18:25:37

“The irreversible and objective process of de-dollarization is gaining momentum,” stressed the head of state.

According to him, the BRICS countries are developing effective monetary and financial settlement and control mechanisms, which is why the dollar’s participation in transactions between the members of the union is less and less.

Therefore, Putin noted, last year it amounted to only 28.7%.

The president added that over the past decade, BRICS members’ investments in each other have increased sixfold and their investments in the global economy have doubled.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.
RELATED ARTICLES

Most Popular

Recent Comments