Deputy President Paul Mashatile has

Deputy President Paul Mashatile has stated that South Africa is not ready to support the implementation of a common BRICS currency. He explained that the country’s economy relies

Mashatile: SA cautious about BRICS currency plans

South Africa Remains Cautious on Adopting BRICS Currency

South Africa is not able

South Africa is not able to move away from the US dollar to a potential BRICS common currency in international trade at this stage, Deputy President Paul Mashatile

Why a common BRICS currency might have to wait –

South Africa urges careful debate on option of

It is part of the

Why Is South Africa Quiet on BRICS Currency Proposal? - Modern

It is part of the broader BRICS Cross-Border Payments Initiative, which promotes voluntary, non-binding use of local currencies. Having an actual currency is still light

BRICS Common Currency: Why South Africa is Right to be Cautious

To achieve this goal

To achieve this goal, the BRICS coalition, consisting of Brazil, Russia, India, China, and South Africa, has been working on creating its own currency. However, a South

SA not ready to abandon US dollar for ‘BRICS currency’ – Mashatile

BRICS currency faces challenges, but potential benefits