BRICS Alliance Claims New currency Will Counter US Dollar's Undermining Dominance

BRICS alliance stated its currency is an answer for a world "tired" of the US dollar and seeking an alternative.

Russian advisor Sergey Lavrov said the BRICS currency combats growing frustration with Western dominance.

Lavrov said the dollar is a "tool for undermining" other countries' competitive positions.

BRICS aims to create a multipolar world order and elevate the voices of developing countries.

The BRICS currency and payment system will help increase the status of the global south and pathways towards multipolarity.