Nothing Big Enough To Topple US Dollar Dominance Just Yet, According to Central Bank of Brazil Director: Report

Brazil's central bank sees no realistic prospect for developing countries in the BRICS group to create a market large enough to topple the dominance of the US dollar or USD.

Nothing Big Enough To Topple US Dollar Dominance Just Yet, According to Central Bank of Brazil Director: Report

The post Nothing Big Enough To Topple US Dollar Dominance Just Yet, According to Central Bank of Brazil Director: Report appeared on BitcoinEthereumNews.com. Brazil’s central bank reportedly believes that the US dollar will maintain its position as the world’s leading currency over the next decade. According to Reuters, the central bank’s monetary policy director, Nilton David, says that the financial institution does not expect the BRICS group …

Nothing Big Enough To Topple US Dollar Dominance Just Yet, According to Central Bank of Brazil Director: Report - The Daily Hodl

Brazil’s central bank reportedly believes that the US dollar will maintain its position as the world’s leading currency over the next decade. According to Reuters, the central bank’s monetary policy director, Nilton David, says that the financial institution does not expect the BRICS group of emerging nations to create markets large enough to topple the US dollar’s dominance within 10 years. David says that BRICS-denominated assets currently do …