The new chief of the BRICS bloc’s New Development Bank, Brazil’s leftist ex-President Dilma Rousseff, revealed they are gradually moving away from the US dollar, promising at least 30% of loans in local currencies of members, to help countries in the Global South build infrastructure and fight poverty.

VIDEO: https://youtube.com/watch?v=OkBK2vcNFJE

Sources and more information here: https://geopoliticaleconomy.com/2023/04/15/brics-bank-dollar-local-currencies-dilma

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BRICS Bank is de-dollarizing, promises loans in local currencies to help Global South develop

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