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BRICS Nations to Expand Use of National Currencies Through New Financial Platform

BRICS Nations to Expand Use of National Currencies Through New Financial Platform


Bitcoin.com
2024-10-11 02:30:20

Russian presidential aide Yury Ushakov announced new BRICS initiatives to increase the use of national currencies in trade, backed by financial infrastructure developments like a BRICS-wide platform and special clearing systems. This move aims to simplify transactions between member nations and reduce trade costs. Meanwhile, Russian Deputy Foreign Minister Sergey Ryabkov highlighted ongoing Western efforts


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