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Report: BRICS+ payments system is feasible, while a single currency will face obstacles

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Report: BRICS+ payments system is feasible, while a single currency will face obstacles
Via Al Manar
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Al Manar: The nonprofit policy platform BRICS+ Thinking said BRICS+ countries should move forward with creating a shared cross-border payments mechanism to reduce reliance on the dollar, but noted that launching a single currency would face major economic and institutional obstacles. The platform said in a report published…

Machine translation of an attributed source excerpt. Consult the original report to verify details. Translated from original reporting in another language.

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