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De-dollarization: BRICS and other signs of shifting power

ÌÇÐÄÆƽâ°æ spotlight report on the decline of the U.S. dollar in international relations and forex

BRICS - Brazil, Russia, India, China, and South Africa - put the U.S. dollar under increasing pressure in 2023. Is the currency's time coming to an end?

This ÌÇÐÄÆƽâ°æ spotlight report investigates three key questions surrounding the discussion on the U.S. dollar no longer being the world's main currency for international trade and foreign exchange. The report touches on various topics, including foreign exchange reserves, international relations, central bank digital currency (CBDC), energy, and inflation.

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Table of contents

The three key questions of this report include:

  1. Are there signs of de-dollarization in 2023?
  2. What developments could accelerate de-dollarization?
  3. What is the economic impact of de-dollarization?

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