BRICS: India Prefers the Dollar Over the Yuan!

BRICS: India Prefers the Dollar Over the Yuan! - Qoneqt

Veneetha Vitthal Gujaran in Crypto.com

BRICS: India Prefers the Dollar Over the Yuan!

nThe 2024 Shanghai Cooperation Organization (SCO) summit witnessed major geopolitical tensions. In a move that could redefine dynamics of international trade, India has officially rejected Chinas proposal to replace the US dollar with the yuan for trade. This decision marks a significant turning point in relations among BRICS members. Indias firm stance reflects not only its economic concerns but also a growing distrust toward Chinas global ambitions.nL’article BRICS: India Prefers the Dollar Over the Yuan! est apparu en premier sur Cointribune.n

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