BRICS+ Nations Determined To Trade In Their Own Currencies

BRICS+ countries are exploring how they can foster greater use of local currencies in their trade, instead of relying on a handful of major currencies, primarily the US dollar and the euro. The forum for cooperation among nine leading emerging economies – Brazil, China, Egypt, Ethiopia, India, Iran, Russian Federation, South Africa, United Arab Emirates […]

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Lauren Johnston is senior researcher at the South African Institute of International Affairs.

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