Russian FM says BRICS group to consider common currency

Russian FM says BRICS group to consider common currency:

Russian Foreign Minister Sergey Lavrov said on Wednesday that Brazil, Russia, India, China, and South Africa – BRICS countries – will discuss creating a common currency at the group’s forthcoming summit this August in South Africa.

“Serious, self-respecting countries are well aware of what is at stake, see the incompetence of the ‘masters’ of the current international monetary and financial system, and want to create their own mechanisms to ensure sustainable development, which will be protected from outside dictates.

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