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