Cryptocurrency Q&A Is BRICS making a new currency?

Is BRICS making a new currency?

SumoPower SumoPower Mon Nov 11 2024 | 7 answers 1452
I heard about BRICS and I'm wondering if they are planning to create a new currency. Is there any truth to this rumor? I'd like to know more about it. Is BRICS making a new currency?

7 answers

Martina Martina Wed Nov 13 2024
The BRICS nations, which initially consisted of Brazil, Russia, India, China, and South Africa, have embarked on an ambitious plan.

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Alessandra Alessandra Tue Nov 12 2024
The Summit took place from October 22 to 24, 2024, in Kazan, Russia, drawing significant attention from the global community.

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Rosalia Rosalia Tue Nov 12 2024
They aim to introduce a novel reserve currency that will be supported by a diversified basket of their own currencies.

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SoulStorm SoulStorm Tue Nov 12 2024
During the Summit, leaders from the BRICS nations deliberated on various aspects of the proposed reserve currency, seeking to address economic challenges and enhance cooperation.

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CryptoAlchemist CryptoAlchemist Tue Nov 12 2024
This initiative signifies a major step towards financial independence and cooperation among the BRICS member states.

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