Feasibility of a BRICS Currency: Balancing Benefits and Challenges

brics currency illustration that could shake dollar s dominance

As the BRICS nations contemplate the introduction of a common reserve currency, concerns arise regarding its viability and the potential advantages it may offer. This article critically examines the BRICS bloc’s capacity to develop a global currency comparable to the US dollar, with a particular focus on India’s challenges in embracing this initiative. While internal […]