Economic TimesLean R·
BRICS treads carefully on de-dollarisation
New Delhi: For a bloc that has spent years fuelling speculation about challenging the dollar's dominance, the formal position enunciated in a joint statement after meeting of finance ministers and central bank governors of BRICS nations remains more cautious than the rhetoric of some of its members.There is no mention of a common BRICS currency or a formal call for replacement of the US dollar. Instead, the document sticks to the more incremental, technocratic language the bloc has used since R…
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