Financial and monetary initiatives BRICS

nam it was lucky that Russian Federation will preside in BRICS in 2024, and Brazil – in 2025. These two countries are, seemingly, most of all interested in creation of the general or basic currency. If everything goes smoothly, BRICS, probably, will be able to make the decision on currency creation at the summit to Russian Federation next year, writes Nogeyra Paulo Baptiste Jr. , the Brazilian economist, the former vice-president Novy bank developments (NBR) and the former executive director International Monetary Fund. Material is prepared specially for the XX Annual meeting of club "Valdai...