Disinformation. BRICS and ASEAN are not ditching the dollar and definitely not this year. ASEAN agreed to promote local currencies and reduce reliance on the US dollar, not to ditch it.^1^ BRICS is definitely not ditching the dollar as well. There was no consensus in the BRICS summit. Brazil wanted a common BRICS currency, Russia, China and South Africa wanted to promote local currencies instead, and India is less enthusiastic about dethroning the dollar.^2^
Madison_rogue