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Article Summary
- The article discusses the potential benefits and challenges of de-dollarizing with a BRICS currency by 2025
- It explores the idea of reducing dependence on the US dollar in international trade
- The article explains the concept of de-dollarization and how it could impact global finance and trade
- It examines the role of the BRICS countries (Brazil, Russia, India, China, South Africa) in potentially creating a new currency
- The article also delves into the implications for South Africa and other emerging economies
- The tone of the article is informative and analytical, presenting a balanced view of the topic.
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EXPLAINER: The Argument For De-dollarising With BRICS Currency
A proposed BRICS currency could reshape global financial markets and reduce dependence on the dollar. But there are massive challenges ...
https://www.thesouthafrican.com/news/business-news...
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