The Brics Bloc's Calculated Gambit Against Dollar Dominance The recent Brics summit in New Delhi has been hailed as a significant step towards decoupling from the US dollar.
However, this move represents a deliberate hedging strategy rather than a full blown revolt against Washington's financial hegemony.
The summit's final declaration emphasized cooperation and collective action, but it was perhaps overshadowed by the image of Brics leaders standing together.