Gold-backed BRICS currency will be 'very hard’ to deliver: Lyn Alden
A BRICS common currency will be challenging to initiate and maintain, though efforts to dethrone the US dollar…
Browsing Tag
gold-backed BRICS currency
4 posts
IMF Has Not Seen Specific Proposal on BRICS Currency
The International Monetary Fund (IMF) has not seen any specific proposal on a common BRICS currency. However, the…
BRICS Gold-Backed Currency Will Benefit Iran, Weaken US Dollar, Iranian Official Says
An Iranian official has stated that Iran stands to benefit from a gold-backed common BRICS currency. The official…
Treasury Secretary Yellen: BRICS Currency Won’t Threaten US Dollar Dominance
U.S. Treasury Secretary Janet Yellen has stated that she does not see the U.S. dollar’s dominance being threatened…