The BRICS countries are working on establishing a new reserve currency to better serve their economic interests, ambassador at large of Russia’s Foreign Ministry Pavel Knyazev said this week. It will be based on a basket of the currencies of the five-nation bloc.
Not good news for the US dollar!
Read on:
https://dailytelegraph.co.nz/money/brics-holds-talks-on-reserve-currency-diplomat/
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