The BRICS countries have been pursuing a wide range of initiatives to decrease their dependence on the dollar, raising the question of how long the dollar will last as the world's default currency.
Chinese President Xi Jinping at the 14th BRICS Summit via video link in Beijing, capital of China, June 23, 2022.
Could a new currency be set to challenge the dominance of the dollar? Perhaps, but that may not be the point.
In August 2023, South Africa will host the leaders of Brazil, Russia...
