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@RodrickSage Now, BRICS Eyes Creation of Central Bank for Currency Issue
China, with backing from Russia and SA is planning onslaught on the mighty dollar by introducing new currency to be issued by proposed BRICS central bank that would combine strengths of respective currencies of five countries.
BRICS-sponsored New Development Bank (NDB) said the forum is now looking at prospects of creating a central bank for BRICS that would eventually be issuing common currency
https://infobrics.org/post/41245/
@RodrickSage BRICS: Important Announcement About the New Currency of the Union
BRICS is actively seeking to establish a new currency on the world stage, aiming to challenge the dominance of the US dollar.
Before the official introduction of the BRICS currency, member countries actively promoted trade in local currencies.
The upcoming BRICS summit, scheduled for October 2024 in Russia's Kazan region, promises to reveal more details about this currency venture.
https://infobrics.org/post/41238