BRICS De-Dollarization: Between Ambition and Reality in 2026

The global financial architecture is experiencing its most significant stress test since the Bretton Woods collapse. As 2026 unfolds, the BRICS bloc—now encompassing Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates—represents 48.5% of the world’s population and 39% of global GDP measured by purchasing power parity Brookings. Their…