BRICS Nations to Expand Use of National Currencies Through New Financial Platform
Submitted by Anonymous (not verified) on Fri, 10/11/2024 - 05:50
Russian presidential aide Yury Ushakov announced new BRICS initiatives to increase the use of national currencies in trade, backed by financial infrastructure developments like a BRICS-wide platform and special clearing systems. This move aims to simplify transactions between member nations and reduce trade costs. Meanwhile, Russian Deputy Foreign Minister Sergey Ryabkov highlighted ongoing Western efforts […]