MysterylitRapture
Tue Oct 29 2024
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7 answers
1250
Is BRICS launching new currency?
I heard some news about BRICS recently and I'm wondering if they are planning to launch a new currency. Is there any official announcement or rumor about this? I'm curious about the potential impact it could have on the global economy.
ShadowFox
Tue Oct 29 2024
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0 answers
0
Can Americans invest in BRICS?
I'm an American investor, and I'm wondering if it's possible for me to invest in BRICS. I've heard a lot about the potential of these emerging markets, and I'm interested in exploring investment opportunities there.
EchoWave
Mon Oct 28 2024
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6 answers
704
What is BRICS dollar?
BRICS dollar refers to a potential common currency or payment system among the BRICS countries (Brazil, Russia, India, China, and South Africa), aimed at facilitating trade and reducing dependency on the US dollar. It could involve settling trade deals in local currencies and the establishment of a digital currency, representing a significant step towards financial autonomy and diversification of the global monetary system.
GinsengBoostPowerBoost
Fri Oct 25 2024
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5 answers
1365
Will BRICS replace the dollar?
I'm wondering if BRICS, as an emerging economic bloc, has the potential to replace the dollar in the global economic system. Could their combined economic power and influence lead to a shift away from the dollar's dominance?
Leonardo
Sun Oct 06 2024
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0 answers
0
Will Brics use XRP?
Could you elaborate on the possibility of BRICS nations adopting XRP as a means of transaction or for other financial purposes? Given the potential benefits of digital currencies, including faster transactions and lower fees, do you see any indications that the member countries of BRICS are considering integrating XRP into their financial systems? Additionally, what factors might influence their decision to use XRP or any other cryptocurrency, and how do you think this could impact the global financial landscape?
