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Harsh explains that the world has long depended on the U.S. dollar for global trade—whether it’s oil, imports, or loans. But now, powerful nations like China, Russia, and India are questioning this dependency. This shift is called De-Dollarization, and it could change the global economy. Countries are moving away from the dollar due to U.S. sanctions, over-control of the financial system, and the rise of new superpowers. Real steps are being taken—India and Russia trade in rupee-ruble, China is signing yuan-based deals, and BRICS is planning a common currency. This affects everyone: fuel prices could become stable, the rupee might strengthen, inflation could fall, and travel or studying abroad may become cheaper. Indian businesses and startups might also find new global opportunities. Harsh ends by asking: Will the dollar remain dominant, or will BRICS change the game?
Credits:
Times of India

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