Former Russian PM: BRICS Not Ready for Common Currency

Former Russian PM: BRICS Not Ready for Common CurrencySergey Stepashin, Russia’s former prime minister, explained that it’s premature to discuss a common BRICS currency, emphasizing the importance of increasing payments in national currencies instead. He cited challenges in creating a common currency, particularly between large economies like India and China. While some BRICS members support a single currency, Stepashin advocates for enhancing financial […]

Source: https://news.bitcoin.com/former-russian-pm-brics-not-ready-for-common-currency/