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Anil Sooklal

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BRICS to Promote National Currencies Before Issuing Common One

Leave a Comment / Ambassador, Anil Sooklal, Bitcoin, bloc, Brazil, brics, China, common currency, countries, Crypto Hacked, Cryptocurrency, currencies, Currency, emerging economies, Ethereum, Finance, Financial Markets, Group, India, Nations, Russia, single currency, South Africa, trade / / / , , , , , , , , , , , , , , , , , , ,

The 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 Emerges as the World’s Largest GDP Bloc, Propelled by China’s Rapid Expansion

Leave a Comment / Acorn Macro Consulting, Anil Sooklal, Bitcoin, Brazil, brics, Canada, China, Crypto Hacked, Cryptocurrency, Economics, Egypt, Ethereum, expansion, France, g7, gdp, Germany, gross domestic product, India, Italy, Japan, new members, PPP, Putin, Russia, South Africa, U.K., U.S., xi / / / , , , , , , , , , , , , , , , , , , , , , , , ,

BRICS, a set of countries grouped as an alternative to the G7, is now the world’s largest gross domestic product (GDP) bloc, taking purchasing power parity into account, according to reports from Acorn Macro Consulting. Powered By China’s growth, the group now contributes 31.5% to the global GDP, while the G7 provides 30.7%. BRICS Countries

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