The BRICS nations, originally comprised of Brazil, Russia, India, China and South Africa, are looking to establish a new reserve currency backed by a basket of their respective currencies. (www.nasdaq.com)

submitted 1 year ago by yogthos@lemmy.ml to c/worldnews@lemmy.ml

7 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[-] huf@hexbear.net 6 points 1 year ago

i would hope that, having seen what the euro is like, no sane country would ever choose to voluntarily hamstring itself again by giving up control of their currency

permalink
fedilink
source
parent

this post was submitted on 13 May 2024

46 points (88.3% liked)

World News

36990 readers

772 users here now

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

founded 5 years ago

MODERATORS

Rumblestiltskin@lemmy.ml

AgreeableLandscape@lemmy.ml

jackmarxist@lemmy.ml

zephyreks@lemmy.ml

OurToothbrush@lemmy.ml