BRICS to Strengthen Economic Cooperation — Sherpa Calls for Increased Trade in National Currencies

BRICS to Strengthen Economic Cooperation — Sherpa Calls for Increased Trade in National CurrenciesSouth Africa’s BRICS Sherpa says one of the priorities at the upcoming BRICS summit is “to strengthen economic cooperation.” He added: “We need a stable global financial architecture, a global financial arena. That is why we say that we need to trade in our own currencies.” He also believes that the recession forecasts by the […]

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BRICS to Promote National Currencies Before Issuing Common One

BRICS to Promote National Currencies Before Issuing Common OneThe BRICS bloc is now focused on expanding the use of the currencies of its members, according to the representative of one of them. The establishment of a single currency for the group is not an immediate task at this point in time, the diplomat indicated in an interview. Wider Use of National Fiats of […]

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BRICS Currencies to Have No Alternative, Former Russian President Medvedev Says

BRICS Currencies to Have No Alternative, Former Russian President Medvedev SaysFiat currencies of BRICS member states will have no alternative in the future, according to former President of Russia Dmitry Medvedev. Nations in the bloc need to think about their digital forms and a digital currency issued by the group as a whole, the Russian politician said. Ruble, Yuan, Other BRICS Currencies to Take Over […]

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BRICS ‘Getting Applications to Join Every Day,’ Attracts 19 Requests Before Summit

BRICS ‘Getting Applications to Join Every Day,’ Attracts 19 Requests Before SummitOver two dozen nations have applied for BRICS membership ahead of its upcoming annual summit, the representative of the hosting nation revealed in an interview. The organization which unites leading emerging economies will discuss its enlargement in early June. BRICS to Talk Expansion as Number of Candidates Continues to Grow The BRICS group of nations […]

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