Brazil, which currently holds the presidency of BRICS, has decided not to push forward with discussions on creating a common currency for the bloc in 2025, according to sources who spoke to Reuters. Instead, the focus will be on reducing dependence on the U.S. dollar by improving cross-border payment systems that facilitate trade in local [...]The post Brazil’s BRICS Presidency Ditches Common Currency Plans Amid Trump’s 100% Tariff Threats appeared first on Tekedia.
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