Economist Discusses BRICS Currency’s Prospect of Becoming Global Currency


Economist Discusses BRICS Currency's Prospect of Becoming Global CurrencyEconomist Alexis Habiyaremye from the University of Johannesburg says that a proposed common BRICS currency, if used effectively and systematically for all trade transactions between BRICS nations, would “alleviate the burden on these countries to finance” the “disproportionate advantage that the dollar enjoyed in the international monetary system.” ‘BRICS Currency Has a Real Prospect of […]