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FinThink Research
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BRICS Plan for the Petrodollar.
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BRICS Plan for the Petrodollar.

Let's talk Economics!

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FinThink
Sep 27, 2023
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FinThink Research
FinThink Research
BRICS Plan for the Petrodollar.
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BRICS nations have passed the G7 in terms of total GDP in 2023.

The original 4 BRICS nations have created their own reserve currency to trade amongst themselves, removing the demand for the dollar as an intermediary currency.

BRICS expansion is now targeting the Petro Dollar. BRICS already has 3 of the top 10 major oil exporters: Russia, China, and Brazil…

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