Former Russian PM: BRICS Not Ready for Common Currency
Sergey Stepashin, Russia’s former prime minister, explained that it’s premature to discuss a common BRICS currency, emphasizing the…
Browsing Tag
BRICS national currencies
4 posts
BRICS Bank to Offer More Loans in Local Currencies — President Calls for ‘Diversified Global Currency System’
The New Development Bank (NDB), aka the BRICS bank, is seeking to offer more loans in local currencies…
BRICS to Strengthen Economic Cooperation — Sherpa Calls for Increased Trade in National Currencies
South Africa’s BRICS Sherpa says one of the priorities at the upcoming BRICS summit is “to strengthen economic…
Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization
During the last month, Russia’s ruble has dropped 16.48% against the U.S. dollar as energy and commodity prices…