The US dollar is facing stiff competition from global currencies and the BRICS alliance is aiming to topple the American Greenback. As the US dollar is battling to survive, other currencies, including BRICS have ganged up against the US dollar.
BRICS is planning to uproot the US dollar’s hegemony by using local currencies for cross-border payments, watcher. guru reported.
In the battle of currencies, the American dollar is most likely to “fall”, predicts a new report from Scotiabank. The forecast indicates that the US dollar will fall the most in 2024 and continue its downward…
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News Source: tn.ai