The hype and expectation the BRICS would announce a new currency for trade within the group was misplaced.
In a nutshell.... there is more interest in countries being able to use their own currencies rather than taking the plunge on a unified mechanism.
Most of the news articles are supplying propaganda but this article seems to offer the basic facts (although the headline is misleading)
https://www.iol.co.za/business-repo...y-stance-ef72bc2b-0e91-40b9-94a7-1a01598091f6
It looks to my eyes the BRICS are not as united as either China or Russia would like.
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The hype and expectation the BRICS would announce a new currency...
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