Putin (and China) announce the common currency of the BRICS. But the dollar is unrivaled for now

“The BRICS are a panel like the G7 and do not represent a real challenge to the dollar. On the contrary: they have already managed to organize a currency for international exchanges between them for a long time ”. It is the prediction confided to Huffington Post by Andrea Filtri, co-Head of European Equity Research for Mediobanca, regarding the possibility that Russia, China, India, Brazil and South Africa can create their own currency capable of challenging the global centrality of the dollar and euro.

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