BRICS is Challenging SWIFT: Building a Multipolar Financial Architecture
Syllabus: Multilateral Institution Source: TH Context: At the 16th BRICS Summit in Kazan (2024), member nations unveiled the BRICS Cross-Border Payments Initiative — “BRICS Pay”, signalling an intent to reduce dependence on the U.S.-controlled SWIFT system. About BRICS is Challenging SWIFT: Building a Multipolar Financial Architecture Context and Background: Western dominance in global finance: For …
Continue reading “BRICS is Challenging SWIFT: Building a Multipolar Financial Architecture”
