BRICS: The New Name in Reserve Currencies — Developing a New Basket-Based Reserve Currency
BRICS: The New Name in Reserve Currencies by Chris Turner, Global Head of Markets and Regional Head of Research for UK & CEE, https://think.ing.com/ , 22 June 2022 Raising some eyebrows today has been an address by President Putin outlining that Brazil, Russia, India, China, and South Africa (BRICS) are developing a new basket-based reserve …