BRICS announces departure from US dollar, focuses on native currency In a significant move toward de-dollarisation, the BRICS bloc has declared its intention to move away from the US dollar, instead prioritising the development of its own currency. Russia’s Ambassador to China, Igor Morgulov, made this announcement at a recent peace forum in Beijing, emphasizing the alliance's dedication to a multipolar world. Morgulov stated, "We are leaving this space—the dollar-dominated space," and assured that BRICS is committed to creating new mechanisms and an independent financial system. The BRICS nations are set on...