🌍 Russia and China are moving away from the U.S. dollar! Today, over 90% of their bilateral trade is settled in Yuan and Ruble.

📊 In 2024, their trade reached a record $245 billion, strengthening their economic partnership.

⚡ This shift not only challenges the dollar’s dominance but also signals the rise of a more multipolar financial system.

🔑 Key Highlights:

✔ 90%+ trade in local currencies.

✔ A move to bypass U.S. sanctions.

✔ BRICS developing “BRICS Pay” and discussing a new joint currency.

✔ De-dollarization wave growing globally.

💡 Bottom Line: The U.S. dollar still dominates global reserves, but the world is entering a new financial era where multiple currencies will share power.