BRICS: JP Morgan Predicts How Long USD Will Remain Global Currency
JP Morgan has predicted how long will the USD remain the global currency as BRICS initiates de-dollarization steps. The US dollar is under pressure from various corners as developing countries are cutting ties with the currency. From settling trade in local currencies to diversifying their central bank reserves with gold and rewriting policies for the benefit of the alliance, a paradigm shift is occurring in the global financial sector. Also Read: BRICS: 71 Countries Settled Trade Without the US Dollar Emerging economies feared repercussions from the White House before if they didn’t align with American policies. They show no fear in 2025 and are ready to challenge the US on the world stage. Taking into consideration all the latest developments, JP Morgan provided a forecast on how long the USD can survive as the world’s reserve currency as BRICS looks to topple it. BRICS: How Long Will the USD Remain the World’s Reserve Currency? JP Morgan CEO Explains Source: CNBC JP...