The conversation surrounding the creation of a joint currency among BRICS nations, has been gaining traction in recent years, particularly as the bloc expands and navigates various financial hurdles. This dialogue reached a critical point during the recent BRICS Summit in Kazan, where symbolic gestures emphasized the group’s intentions. Images circulated of a mock bank note being presented to Russia’s president, current chair of BRICS, igniting discussions on the future of global currency dynamics. At its core, the BRICS nations’ ambition to establish an alternative payment system and a unified currency poses a significant threat to the long-standing dominance of…
Economy / FinanceNorth AmericaPoliticsRussia
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