The 15th Brazil, Russia, India, China and South Africa (BRICS) summit kicked off in South Africa on Tuesday.
Russian President Vladimir Putin said on Tuesday in a virtual address to the BRICS summit that the process of de-dollarization is 'irreversible' and 'gaining pace'.
Can BRICS dethrone the US dollar? We pose this question to Antonio Fatás, Professor of Economics, INSEAD.

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