Back

BRICS nations exploring a move away from the dollar and a shared currency could reshape global power dynamics. How will India benefit economically, and does this signal the decline of U.S. dominance? comment your thoughts 💭

Anonymous

Anonymous 2

Hey I am on Medial • 5m

A shared BRICS currency could promote seamless trade within the bloc, offering India more opportunities to expand exports without currency conversion costs.but then ti wonder what angle China has about this because they sure will not be happy with everyone's success.

0 replies1 like

More like this

Recommendations from Medial

Om Pandey

An engineer • 2m

🚀 Transforming Agriculture: Connecting Farmers to Global Markets 🌍 Small farmers struggle to find international buyers and fair prices for their produce. Our platform empowers farmers by connecting them directly to global buyers, offering: ✅ Seam

See More
0 replies3 likes
Image Description
Image Description

Lokesh

-1 to 0 ⚡ • 5m

💸Trump effect? Chinese yuan dips 2.6% in a month, rupee depreciates 0.7% since US election Donald Trump winning the US presidential election has sent emerging market currencies tumbling against the greenback. While the Chinese yuan had strengthene

See More
7 replies10 likes
Image Description
Image Description

PRATHAM

Experimenting On lea... • 13d

This month the New Taiwan Dollar (TWD) jumped 6% in one trading session ; its biggest move since the 1980s. This growth came from strong semiconductor exports and optimism around easing US–China trade tensions. For Taiwan, a stronger TWD means ex

See More
1 replies17 likes
2

Jayant Mundhra

 • 

Dexter Capital Advisors • 4m

’m a bit surprised by how everyone’s in a tizzy over Indian Rupee's slide against the Dollar, and how Govt and RBI are being bashed over it. It makes it amply clear that much of people don’t understand how & why currency markets move 🙏🙏 And, the

See More
0 replies11 likes

Download the medial app to read full posts, comements and news.