Two Steps Ahead
Two Steps Ahead
Molly Elmore
Are the BRICS nations issuing a new reserve currency?
25 minutes Posted Nov 3, 2022 at 6:31 pm.
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As countries around the world move away from the US dollar for trade, the BRICS nations announced plans to issue a new reserve currency, and referred to it as a basket currency. What does that mean? How does a basket currency work?

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