New BRICS Currency Can Challenge Dollar Hegemony of US-led G7 'Economic Gang'

New BRICS Currency Can Challenge Dollar Hegemony of US-led G7 'Economic Gang'

BRICS leaders are preparing to hold a major summit in South Africa in August, with a creation of a common bloc currency expected to be one of the main topics on the agenda. What will the new currency look like? How will it function? And why is the initiative being floated now? Sputnik has reached out to experts in international finance for answers.

Sputnik News

South Africa Today – World News – Latin America