💰 The BRICS forum aims to introduce a currency to counter the dominance of the USdollar. 🌍 China Russia Read more on TheCitizenNews here ⤵️
The plan by the Brazil, Russia, India, China and South Africa forum to introduce their own currency is meant to realise the reason for the Brics formation – to achieve a bipolar world and counter the dominance of the US dollar in world trade and to undermine the US economic hegemony, say experts.
formation – to achieve a bipolar world and counter the dominance of the US dollar in world trade and to undermine the US economic hegemony, say experts.Both political analysts Dr Jan Venter from North West University Potchefstroom Campus and Prof Ntsikelelo Breakfast, acting head the department of history and political studies at Nelson Mandela University said it was not surprising that Brics was contemplating having its own currency.
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