Russia’s push for BRICS settlements hampered by partners sticking to US dollar

Russia’s attempt to convince other countries in BRICS to ditch the dollar in favor of building their own settlement system is facing certain challenges. Despite the lack of progress in developing the alternative mechanism, Moscow insists members of the organization are already using “reliable” national currencies in their dealings. BRICS states are not ditching the […] source: https://www.cryptopolitan.com/russias-brics-partners-stick-to-us-dollar/