Is The US dollar Losing Its Primacy As We Approach August 2023 BRICS Summit?

By Clemence Mupfunya The US dollar is really losing its grip and primacy - there is no doubt about this - and the disagreement is about how fast this process is going and will go, not about whether it will happen. Except for a few - mostly on the right wing of political thinking will believe differently - but even the most steadfast supporters of capitalism and supporters of the United States are able to see that the US dollar is literally losing its global reserve position. The dollar was or is the dominant currency of the world pretty much since the end of the Second World War.