Brics Currency Economist Discusses Unprecedented Arrival

Last updated: June 9, 2025, 12:17

Brics Currency Economist Discusses Unprecedented Arrival

A BRICS currency replacing the

A BRICS currency replacing the dollar is a ‘ridiculous’ idea, says the top economist who named the groupunless China and India become allies

But as The Economist reported last week, the platform the BIS helped to develop is being eyed by Russia’s president, Vladimir Putin, as a model to create a BRICS

Economist Discusses BRICS Currency's Prospect of Becoming

Economist Alexis Habiyaremye discussed the

Economist Alexis Habiyaremye discussed the challenges a common BRICS currency could pose to the U.S. dollar’s global reserve currency status in an interview with

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BRICS currency charade does not threaten Dollar hegemony

BRICS Currency: Economist Discusses “Unprecedented” Arrival

The Difficult Realities of the BRICS’ Dedollarization Effortsand

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The Russian report to the

In a recent article discussing the BRICS currency, economist Jim Rickards discussed the “unprecedented,” arrival of the currency. Moreover, the author of Currency Wars discussed the

Chinese leaders have been encouraged to propose their own currency for BRICS internal trade. Russia observes this development closely, whilst India is reluctant.

The Russian report to the BRICS summit recommended a common platform for cross-border payments using a set of BRICS central-bank digital currencies. This could

Policymakers appear particularly troubled by

Economist: BRICS common currency is a ‘ridiculous’ idea

Policymakers appear particularly troubled by unprecedented U.S. and European economic sanctions that froze half of the Russian central bank’s gold and foreign