Brics South African Minister Doubts New Currency Could Work

Last updated: June 9, 2025, 20:58

Brics South African Minister Doubts New Currency Could Work

The optics of the ongoing

The BRICS group of nations will discuss the feasibility of introducing a common currency, according to the foreign minister of South Africa, which is preparing to host

The optics of the ongoing BRICS Summit in South Africa are signalling delays on whether the bloc can actually launch an alternative common currency to rival or

SA says no plans to develop a common Brics currency

In a preview of its

New currency for South Africa, Russia and China – how

New Currency for South Africa, Russia and China – How It Could

In a preview of its hosting the 2025 BRICS Summit, the South African Minister of Foreign Affairs bemoaned the fact that BRICS countries were so dependent on the US dollar. However

A new global economic order

WILL South Africa de-dollarise, adopt a unified BRICS

BRICS optics signal delayed decision on alternative ‘global’ currency

A new global economic order will not emerge out of a new BRICS currency or de-dollarization happening overnight. But it can potentially emerge out of BRICS’

South Africa

BRICS should consider currency Swap Agreements - IOL

BRICS currency won’t dislodge the dollar but is a threat

South Africa’s government said there are no plans to create a so-called Brics currency, after US President-elect Donald Trump threatened to impose 100% tariffs on

While officials have repeatedly denied

While officials have repeatedly denied the idea that a ‘BRICS currency’ is imminent, discussions on how to better facilitate trade between BRICS nations and decrease

New currency for South Africa, Russia and other BRICS