BRICS Nations China, India and Brazil Dump $29,000,000,000 in US Treasuries in One Month As Standard Chartered Warns ‘Dedollarization Is Real’
Three BRICS countries, China, India, and Brazil, reduced their US Treasury holdings by $29 billion in September. India led with a $16.7 billion reduction, followed by Brazil with $11.8 billion, and China with $500 million. This move aligns with Standard Chartered's warning that dedollarization is real and progressing slowly.
The Daily Hodl·