BRIC: a BRICS currency may shake the dollars dominance and weaken it

“BRIC“: a BRICS currency may shake the dollar’s dominance and weaken it. Could the BRICS countries start printing a common currency: the “BRIC“? It is very possible. The launch of a new currency may smooth out exchange rate volatility and minimize the impact of the monetary policy decisions made by the world’s major central banks (the U.S. Federal Reserve and the ECB) on the intra-BRICS export and import flows. It is widely expected that the launch of the new currency will be announced on August 22 in Johannesburg. In addition, a decision will be made on over 30 potential new members, who have made application to join BRICS The video shows the dynamics of the BRICS’ GDP vs that of the G7. Source: InfoDefenseENGLISH InfoDefense Источник: InfoDefenseENGLISH