Brics Ignore Us Dollar Develop New Currency Backed By Gold
Last updated: June 8, 2025, 20:02
As tensions with Russia and
As tensions with Russia and China escalate, the so-called BRICS countries (Brazil, Russia, India, China, and South Africa) are preparing to strike a blow against U.S.
A gold-backed currency by the BRICS union – how far
While Russian President Vladimir Putin has suggested hard assets such as gold or oil, a new BRICS currency would likely be backed by a basket of the bloc's currencies.
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