South Africa Urges Careful Debate on Option of Introducing BRICS Common Currency
1 min readThe BRICS group of nations will discuss the feasibility of introducing a common currency, according to the foreign minister of South Africa, which is preparing to host a summit of the bloc’s leaders. One option is for the BRICS bloc — which comprises Brazil, Russia, India, China and South Africa — to adopt their own unit. The issue is likely be on the agenda of a meeting of the nations’ heads of state in Johannesburg on Aug. 22.