Brazil Ditches BRICS Currency Plan, Favors Trade in National Currencies

Brazil Ditches BRICS Currency Plan, Favors Trade in National CurrenciesBrazil has reportedly decided against pursuing a common currency for the BRICS nations during its presidency this year. Instead, the focus will be on facilitating trade in local currencies, a move that’s been met with warnings from U.S. President Donald Trump about challenging the U.S. dollar’s dominance. The BRICS bloc has been exploring alternatives to […]

Source: https://news.bitcoin.com/brazil-ditches-brics-currency-plan-favors-trade-in-national-currencies/