pull down to refresh

The funny thing though is that no currency from BRICS and group has increased against USD. INR has been falling, Yuan has been rather less falling. Ruble has been falling.
40 sats \ 1 reply \ @gmd 28 Nov
Ruble value just fell off a cliff today 👀
reply
I saw it but didn't seek for the reasons thinking what might it be more than the currency reacting late to Trump's accession.
reply
What are they settling trade in other than USD? Euro?
reply
That's the fun. Almost 90% of their trades are settled in USD and the agenda of recent BRICS meetings held it unanimously that they need a different currency for BRICS but I doubt they'd ever have it.
reply