BRICS shock: India stops plans for new currency!

BRICS shock: India stops plans for new currency!

In the heart of the power games around the world currencies, India breaks a lance for the US dollar! While a new currency is being pushed onto the stage at the latest BRICS summit in Russia, India surprisingly backs up. Foreign Minister S. Jaishankar beats the drums: no desire for de-dollarization! "Nothing there, we stay with the dollar!" he explains in a firm voice and underlines the close friendship between Modi and Trump. Yes, exactly the Trump, who recently recaptured the White House and threatened 100% tariffs. A veritable bang on the global stage! As from a report on watcher.guru, india firmly. Because the US dollar is and remains in the game.

The embassy of the Indian Foreign Minister is clear: friendship with new financial plans. While others dream of a "Brics money", India keeps out. The US market is too important for India to grind the dollar pound. At the time of Trump 1.0, the collaboration was already strong, reminded Jaishankar - and that is exactly what India now wants to build on. Old Trump glossy times are still playing a role! There are also no signs that a BRICS money will come soon. The discussions about financial transactions in the circle of BRICS do not detract from the love of dollars. You can find the background of this development in more detail in the article at watcher.guru .