Brics To Announce New Currency At October Summit

Last updated: June 10, 2025, 00:08

Brics To Announce New Currency At October Summit

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The BRICS alliance has been

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The BRICS alliance has been working to develop its own native currency over the last year, and it is likely to be unveiled at the 2025 BRICS Annual Summit in October.

Ambassador Kwele revealed plans for

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Ambassador Kwele revealed plans for a meeting between Finance Ministers in May to further discuss this currency initiative. The upcoming BRICS summit, scheduled for October 2025 in

The upcoming annual summit of

The upcoming annual summit of the BRICS bloc, scheduled for October in Russia, will centre on discussions about introducing a new currency to challenge the

President Putin was presented with a mock-up of the alleged currency at the summit however, there are no official records to support an unveiling ceremony for the note.

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BRICS Challenge: A New Currency. At the recent BRICS summit, Vladimir Putin called for an alternative international payment system, sparking discussions about de