Fortune/Mihaela Papa and The Conversation/6-25-2023
“In August 2023, South Africa will host the leaders of Brazil, Russia, India, China and South Africa – a group of nations known by the acronym BRICS. Among the items on the agenda is the creation of a new joint BRICS currency.”
USAGOLD note: Assuming the BRICS currency is launched, it will be interesting to see how it is priced against other currencies and how many it will take to buy an ounce of gold.