Joining BRICS An Easier Way To Drop US Dollar, Says Economist
Ida Yasin says the BRICS currency would also be backed by gold, while Firdausi Suffian sees difficulties in the Islamic gold dinar breaking the US dollar’s dominance Continue…
BRICS is an informal group of states comprising the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People’s Republic of China and the Republic of South Africa. The growing economic might of BRICS countries, their significance as one of the main driving forces of global economic development, their substantial population and abundant natural resources form the foundation of their influence on the international scene.