Economist Discusses BRICS Currency’s Prospect of Becoming Global Currency

Economist Alexis Habiyaremye from the University of Johannesburg says that a proposed common BRICS currency, if used effectively and systematically for all trade transactions between BRICS nations, would “alleviate the burden on these countries to finance” the “disproportionate advantage that the dollar enjoyed in the international monetary system.”

Leave a Reply

Your email address will not be published. Required fields are marked *