Why BRICS Want To Create A New Currency 2023

Since the start of the conflict between Russia and Ukraine, Russia has been struck hard by a wave of sanctions and limitations. It appears that the Putin-led nation is elevating its ties to a few allies. The allies now want to create a new currency to counter dollar dominance in the global market. With the creation of a new currency, relations between Russia, China, India, and the other BRICS nations seem set to strengthen. Brazil, Russia, India, China, and South Africa make up the BRICS, however, some more countries have shown interest in joining the bloc. The BRICS countries are … Continue reading Why BRICS Want To Create A New Currency 2023