Johannesburg, South Africa – For 80 years, the United States dollar has dominated all other currencies. But a grouping of developing countries tired of the West’s looming presence over global governance and finance is determined to take it down a peg.
The process of de-dollarisation is “irreversible” and “gaining pace”, Russian President Vladimir Putin said on Tuesday in a virtual address to the BRICS summit in Johannesburg, where the leaders of Brazil, India, China and South Africa are gathered for three days.
