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single currency

iran-backs-russia-on-brics-single-currency-initiative

Iran Backs Russia on BRICS Single Currency Initiative

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Iran plans to support Russia’s initiatives on creating a BRICS single currency and expanding national currency payments within the bloc, according to Iran’s Ambassador to Moscow, Kazem Jalali. The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring the creation of a new currency to reduce reliance on the U.S. dollar and mitigate […]

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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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