Russian deputy chairman: BRICS countries are developing a new type of currency

03/31 06:46

Russian Deputy Chairman of the State Duma Alexander Babakov has revealed that the BRICS countries are working on developing a new type of currency and that the countries concerned may present ideas related to this goal at the upcoming summit in South Africa, work on which is in progress, adding: "The transition to settlement in national currencies is the first step, the next step is to in the near future The next step is to offer a completely new currency in circulation, digital or otherwise.

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