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This story cites as its source a Benzinga article which cites as its source a "Russia Today" article. Basically, Russia and China (with Brazil, South Africa, a
by MilnerRoute 3y ago
This story cites as its source a Benzinga article which cites as its source a "Russia Today" article.
Basically, Russia and China (with Brazil, South Africa, and India) are said to be "set to introduce a new currency backed by gold, Russian English news channel RT reported." But that's not entirely true, according to India's third-largest newspaper:
"India seems to be the only country that has not shown interest in the plans to launch a new currency. India’s External Affairs Minister, S. Jaishankar in a press conference held on Monday, 3rd July, 2023 said that India has no plans for a BRICS currency. He declared a month before the summit that India might back out from creating the new currency."
https://timesofindia.indiatimes.com/blogs/truth-lies-and-politics/bricss-plan-to-float-a-common-currency-indias-reaction-to-it/ https://timesofindia.indiatimes.com/blogs/truth-lies-and-pol...