Watch: Is the dominance of the US dollar as the world’s reserve currency being eroded?

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Euronews (English)

In June at the 14th BRICS summit, the international grouping that brings together Brazil, Russia, India, China and South Africa, Russian president Vladimir Putin announced the association’s intention to develop a new international reserve currency. The move is likely intended to target the US dollar’s status as the world’s premier currency, a state of affairs that has persisted for almost 80 years. Russian leaders have made no secret of their suspicion of this status quo with foreign minister Sergei Lavrov suggesting recently that the dollar’s days of being top dog are numbered. “The reliance …

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