brics currency to be linked with gold says economist

Last updated: June 8, 2025, 17:24

brics currency to be linked with gold says economist

Jim Rickards, a recognized economist and author, claims that the BRICS do not need to create a single currency to facilitate their commercial exchanges. In his view, gold

An official announcement regarding BRICS currency will be made at the bloc’s summit in Johannesburg, South Africa, in August: report. An economist says, for making the

BRICS Currency To Be 'Linked' With Gold, Says Economist

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BRICS is looking to create a common currency using gold that could challenge the US dollar in the international trade sector. The speculation comes after BRICS

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The economist said for making the new currency as good as gold and a truly sound currency, it must be convertible into gold on demand. But whether this is what the

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