Local currencies surge as US dollar reserves dip

In a dramatic shift in global financial dynamics, 2023 has witnessed a significant dip in US dollar reserves held by Central Banks worldwide, particularly among BRICS nations. This decline in dollar reserves has corresponded with a notable surge in the value of local currencies, marking a pivotal moment in the international economic landscape. The BRICS […] source: https://www.cryptopolitan.com/local-currencies-surge-dollar-reserves-dip/