Tag: Global Currency System
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BRICS’ Ambitious Plan for a New Global Currency System: What It Means for Investors
The global economic landscape is on the brink of a significant shift as BRICS, the economic alliance comprising Brazil, Russia, India, China, South Africa, and several new members, explores the creation of a new currency system. This initiative aims to challenge the dominance of the U.S. dollar in international trade and finance. As BRICS seeks…