Russia talks up prospects of BRICS countries developing new currency
1 min read
Russia, Moscow, Red Square, coin, crypto, C-man, The Cathedral of Vasily the Blessed, Saint Basil's Cathedral, minin and pozharskiy, Monument to Minin and Pozharsky, statue, sculpture, adoption
A new world order could be emerging as economic powerhouses increase their efforts to distance themselves from US dollar hegemony.
According to reports, a top Russian official has claimed that the BRICS alliance is working on creating its own currency. BRICS is an acronym for five leading emerging economies: Brazil, Russia, India, China and South Africa.