American dollar and the counter-idea of BRICS currency

News Snapshot:

Perceptions that the world can do without the dollar, or that the Indian or Chinese currency, or a BRICS crypto, will replace it in due course, are fraught with possibilities and hurdles read more Amidst consultancy firm JPMorgan’s predictions of a crash in the US economy and hence of the dollar as global reserve currency, there are claims to the Indian rupee taking that place. But there are more reports and claims that a proposed crypto-currency from an expanded BRICS could serve the purpose better, even as columnists tend to refer to the Chinese yen, but with reservations flowing from...