Putin: BRICS developing global reserve currency from RT
It will be based on a currency basket of the five-nation bloc, according to the Russian president
President Vladimir Putin said on Wednesday that the BRICS countries – Brazil, Russia, India, China, and South Africa – are currently working on setting up a new global reserve currency.
“The issue of creating an international reserve currency based on a basket of currencies of our countries is being worked out,” he said at the BRICS business forum. [More below donations including several videos.]
Now is your chance to support Gospel News Network.
We love helping others and believe that’s one of the reasons we are chosen as Ambassadors of the Kingdom, to serve God’s children. We look to the Greatest Commandment as our Powering force.
According to the Russian president, the member states are also developing reliable alternative mechanisms for international payments.
Earlier, the group said it was working on setting up a joint payment network to cut reliance on the Western financial system. The BRICS countries have been also boosting the use of local currencies in mutual trade.
GNN Note – On our old website, The Daily Coin, we reported this for a number of years. We have been waiting since approximately 2015 for this announcement. Here are a couple of videos we produced when everything was beginning to shift.
The remainder of our video library can be found here >>>
