A symbolic BRICS currency was introduced ... system," Putin claims that using the dollar as a weapon will increase the speed ...
Fact-Check: Social media users have falsely claimed that a new currency was unveiled at BRICS in order to reject the US Dollar.
China and their BRICS allies are likely much more defensive than offensive. While the talk about a new currency and posturing against the U.S. dollar will help presidents Vladimir Putin and Xi ...
“They might use the USD [U.S. dollar] as a reference currency ... macroeconomic convergence … many experts doubt that a new BRICS reserve currency would be stable or reliable enough to ...
One ambitious proposal is the creation of a BRICS digital ... on the US dollar in global trade. Russian President Vladimir Putin holds a mock-up of what has been referred to as a new BRICS ...
(MENAFN) The Kremlin has clarified that the BRICS member states are not focused on undermining the US dollar or other currencies ... was intent on creating a new global financial and payment ...
Moreover, the demand for the dollar might fade sooner than later due to the BRICS nations discussing an alternative currency or a means of payment. The new currency might be tied to gold ...