I've heard about BRICS and its role in the global economy. I'm wondering if there's any truth to the rumor that BRICS is planning to create its own currency. Could this be a possibility?
7 answers
SkylitEnchantment
Tue Nov 26 2024
The member states included China, Russia, India, Brazil, and South Africa.
GinsengBoost
Tue Nov 26 2024
During the summit, a significant announcement was made by Russia's president.
Valentino
Tue Nov 26 2024
The 14th Summit, held virtually in 2022, was presided by China.
AmyDavis
Tue Nov 26 2024
He revealed that the organisation was actively working on designing a new reserve currency.
Maria
Tue Nov 26 2024
This new currency would be based on a basket of BRICS currencies.