BRICS Could Create Its Own Reserve Currency, Russia’s Medvedev Says

BRICS Could Create Its Own Reserve Currency, Russia’s Medvedev Says

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Since its creation in the mid-2000s, the BRICS group of major emerging economies has promoted extensive cooperation between members, and recently, has begun pushing for a global realignment of geopolitical power to better match members’ economic, geographic and demographic potential with their position in the international order. The BRICS group of nations could create a new world reserve currency to better serve their economic interests, former president and prime minister Dmitry Medvedev, who now serves as deputy chairman of Russia’s Security Council, has indicated. “The best protection against the rotting euro will be the transition to new payment methods in...
Source: https://www.newswars.com/brics-could-create-its-own-reserve-currency-russias-medvedev-says/