Currency Corridors of the Global South: BRICS, De-Dollarisation & the New Monetary Order

Currency Corridors of the Global South is a strategic intelligence brief that decodes one of the most closely watched shifts in global finance: BRICS’ gradual move away from dollar dependence and the implications for the future of the international monetary system. As geopolitical uncertainty intensifies and sanctions reshape economic behaviour, BRICS nations are quietly expanding local-currency trade, alternative payment systems, and financial coordination to enhance autonomy and resilience.

This report examines the structural dominance of the U.S. dollar, the realistic limits of de-dollarisation, and the growing role of bilateral currency settlements, BRICS Pay, and alternative financial messaging systems. It analyses the rising influence of the Chinese yuan within the bloc, the role of the New Development Bank in reinforcing local-currency lending, and the strategic dilemmas facing the United States as monetary power becomes more contested.

Through scenario-based analysis, the brief outlines how incremental financial diversification—rather than abrupt disruption—could contribute to a more multipolar financial order. Designed for policymakers, economists, investors, and geopolitical analysts, this report helps readers anticipate how global trade, sanctions, and capital flows may evolve.

Follow Global Eye Intelligence to stay ahead of financial geopolitics before currency shifts reshape markets and policy responses harden. In a changing monetary world, early insight defines strategic advantage.