The BRICS nations (Brazil, Russia, India, China, South Africa) aim to challenge the US dollar's global dominance, yet their economic influence is limited.


  1. The US dollar is extensively used in global transactions and commodities trade, including oil, gold, and cryptocurrencies.
  2. With 59% of global central bank reserves in dollars, it's the primary reserve currency. The euro and Chinese yuan trail significantly.
  3. A common BRICS currency faces logistical issues and differing national interests.
  4. The US dollar remains irreplaceable in the global economy.


Source Information:
  • Article Source:
  • Media Check:  Bloomberg News - Bias and Credibility - Media Bias/Fact Check (HIGH CREDIBILITY)