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India and Indonesia have officially agreed to ditch the US dollar for cross-border trade. The two BRICS nations will now conduct transactions using their national 15 de sept. de 2025 Now, the expanded BRICS bloc has seen India engage in negotiations with over 20 countries to agree to ditch the US dollar. Specifically, the nation is seeking to discuss United States President Donald Trump on Monday (January 20) repeated his intention to impose 100% import tariffs on the BRICS (Brazil, Russia, India, China, and BRICS members India and Indonesia have officially agreed to abandon the US dollar and settle cross-border transactions in local currencies. The decision to use local India and Indonesia, two key members of the BRICS alliance, have officially agreed to abandon the US dollar for cross-border transactions, opting instead to settle trade in 16 de sept. de 2025 Following last month’s BRICS expansion, India is currently negotiating with over 20 countries to abandon the US dollar. Specifically, the country is in discussions with a

BRICS India Leads the Charge: Ditching the US Dollar in Global Trade

The global economic landscape is shifting, and India is at the forefront of a significant movement: reducing reliance on the US dollar for international trade. Following last month’s BRICS expansion, India is currently negotiating with over 20 countries to abandon the US dollar. Specifically, the country is in discussions with a growing number of nations, seeking mutually beneficial alternatives for cross-border transactions.

India and Indonesia Lead the Way: A Dollar-Free Future?

India and Indonesia, two key members of the BRICS alliance, have officially agreed to abandon the US dollar for cross-border transactions, opting instead to settle trade in their local currencies. This landmark agreement signifies a growing trend within the BRICS bloc and beyond. India and Indonesia have officially agreed to ditch the US dollar for cross-border trade. The two BRICS nations will now conduct transactions using their national currencies.

BRICS Expansion Fuels De-Dollarization Efforts

Now, the expanded BRICS bloc has seen India engage in negotiations with over 20 countries to agree to ditch the US dollar. Specifically, the nation is seeking to discuss alternative mechanisms and promote the use of local currencies in trade settlements. This move aims to foster greater economic independence and resilience against fluctuations in the US dollar's value.

The BRICS members India and Indonesia have officially agreed to abandon the US dollar and settle cross-border transactions in local currencies. The decision to use local currencies streamlines trade and strengthens economic ties between these nations.

While United States President Donald Trump on Monday (January 20) repeated his intention to impose 100% import tariffs on the BRICS (Brazil, Russia, India, China, and South Africa), this has only accelerated the BRICS' efforts to explore alternative trade arrangements and reduce dependence on the dollar. The move towards de-dollarization is a complex process with both opportunities and challenges, but the momentum is undeniable.

Looking ahead to 16 de sept. de 2025, and even 15 de sept. de 2025, expect continued progress and further announcements as India continues to negotiate and build partnerships aimed at a more diversified and balanced global trade system.

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