First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/10/28/de-dollarization-the-spirit-is-willing-the-brics-is-still-weak-003568
<p><img src='https://www.moneymetals.com/uploads/content/De-Dollarization--The-Spirit-Is-Willing-the-BRICS-Is-Still-Weak-.jpeg'/></p>The desire to unseat the dollar as the global reserve currency is strong, but it’s easier said than done. And it doesn't appear the BRICS bloc is quite up to the task - yet.
<p><img src='https://www.moneymetals.com/uploads/content/De-Dollarization--The-Spirit-Is-Willing-the-BRICS-Is-Still-Weak-.jpeg'/></p>The desire to unseat the dollar as the global reserve currency is strong, but it’s easier said than done. And it doesn't appear the BRICS bloc is quite up to the task - yet.