ALGORITHMS

The Physical Gold Holdings Would

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The physical gold holdings would be recorded as assets on the balance sheet of the BRICS Bank and could be denominated as “BRICS gold,” with each unit representing

What Happened

What Happened: Brazil, Russia, India, China and South Africa, a coalition of nations going by the moniker BRICS, is set to introduce a new currency backed by gold

Russia, other BRICS nations planning new gold-backed

Russia Confirms BRICS is Creating a Currency Backed

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Russia Confirms BRICS Will Create A Gold-Backed Currency