Petro-Yuan Or Petro-BRICS: The Need For Better Alternative Reserve Currencies To Break Dollar Dominance – Forbes India

The dominance of the US dollar has been causing increasing problems for economies around the world. As a result, there is a growing undercurrent of interest in finding alternative reserve currencies. China is pushing for the yuan to become a reserve currency, but a possible BRICS+ Central Bank Digital Currency (CBDC) may have the edge