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Brics group of world leaders that considered making a new currency meet to discuss economy
A gathering of global leaders is currently underway at the BRICS summit in Johannesburg, South Africa, this week.
BRICS constitutes a consortium of five nations with burgeoning economies, endeavoring to establish autonomous global economic and trade frameworks.
This coalition has explored the concept of devising a new currency. Meanwhile, numerous other nations have expressed interest in joining this alliance.
Forming an informal alliance in 2006, the four original BRIC nations united as allies contributing to the global economy, CBS News reported.
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