BRICS: France Could Ditch U.S. Dollar, Argentina & Pakistan Pay With Chinese Yuan
France is looking to attend the upcoming BRICS summit in South Africa, Johannesburg in August. French President Emmanuel Macron expressed his interest to attend the summit hinting that the country wants to end reliance on the U.S. dollar. Macron repeatedly made controversial remarks early this year targeting the U.S. dollar’s supremacy on the global stage. The President called for Europe to rethink its dependence on the USD calling the currency a “great risk” . Macron stressed that European countries must not “get caught up in crises that are not ours”. The President refers to the dollar’s debt as a major crisis that could hamper all countries that keep the greenback as reserves. Also Read: BRICS: Iraq Bans U.S. Dollar, Egypt Ditches USD, France & Pakistan Pay With Chinese Yuan Source: scmp.com / Photo: AFP However, the BRICS alliance is yet to approve Macron’s interest to attend the upcoming summit. Russia is against France being a part of BRICS citing that the Macron administrati...