<ul><li>UBS predicts further depreciation of the US Dollar due to tightening global monetary policies and the BRICS' de-dollarization efforts.</li><li>UBS Chief Investment Officer warns about potential Dollar depreciation, citing interest rate differentials and rising US fiscal deficits as key factors.</li><li>UBS recommends diversification using strong currencies like the Swiss franc, euro, British pound, or Australian dollar, as well as assets like gold.</li><li>BRICS alliance considering a new currency for trade, potentially based on a 'basket' of 40% gold and 60% sovereign currencies, posing more threat to the US Dollar.</li></ul>

BRICS News: UBS Forecasts U.S. Dollar Drop, Urges Investors to Act Now—Is Bitcoin the Safe Bet?

Discover more