By Franco Macchiavelli Market Analyst at Admirals and Certified European Financial Advisor (EFA) (Nr 35591) 5 September 2023 The 15th BRICS Summit, hosted by South Africa in Johannesburg from 22 to 24 August, culminated in the widely anticipated announcement of a soon-to-be expanded BRICS bloc, with the admission of six new member countries to this economic grouping as from January 2024. In the build-up to this year’s BRICS Summit there has also been some speculation that the grouping might discuss the issuance of a joint currency to compete with the…
BRICS: CONSIDERATIONS AND IMPLICATIONS OF A SINGLE BRICS CURRENCY
