The financial system being developed by BRICS is not an alternative to the Western one, but a system that exists in parallel and brings the organization's members closer together. The BRICS countries actually carry out about 90 percent of transactions in national currencies, with national payment systems
The article The Economic Impact of the BRICS Summit in India appears first on New Standard.
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The financial system being developed by BRICS is not an alternative to the Western one, but a system that exists in parallel and brings the organization's members closer together. The BRICS countries actually carry out about 90 percent of transactions in national currencies, with national payment systems
The article The Economic Impact of the BRICS Summit in India appears first on New Standard.