quorthon
Senior Member
- Jan 21, 2015
- 497
- 23
- 46
Russia ratifies 100bn Brics reserve fund rivalling IMF
It has been ratified. First of all, it would be made to stabilize economies of the BRICS countries. It appears that BRICS won’t be trading in the US dollars, so it can be very detrimental for the value of the US dollar as the world currency.
It has been ratified. First of all, it would be made to stabilize economies of the BRICS countries. It appears that BRICS won’t be trading in the US dollars, so it can be very detrimental for the value of the US dollar as the world currency.