50 sats \ 1 reply \ @kristapsk 29 Dec 2023 \ parent \ on: BRICS Expansion: A Powerful Energy Bloc Assumes Shape news
I don't believe BRICS will have common own settlement system and base currency anytime soon. Russia trades with India in rupies, with China in yans, etc. Basically China and India can and do now exploit weakness of Russia.
They need their time. I think it could be a currency basket backed by gold what they are aiming at
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