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BRICS Ditches Currency Plan for Better Payment System

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

It appears that the BRICS leaders’ thinking is moving towards the creation of a payment system independent of the dollar.

Rhod Mackenzie looks at what form could such a structure take, what advantages would it offer Russia, and why has there been no further discussion of creating a common BRICS currency?

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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