As it was informed by "Market Leader (US)"
Countries of BRICS refuse dollars. What shall investors expect?
During the last summit of BRICS (Brazil, Russia, India, China, and the Republic of South Africa) the countries with dynamically developing economies that comprise the fifth announced about their decision to refuse from mutual payments in US dollars. This means that the abovementioned countries will give credits to one another in their national currencies solely. The development banks of these countries have signed an agreement about a further gradual withdrawal from loans in American dollars.
Why have the countries of BRICS initiated such action?