Currencies

Currencies

BRICS has no plan to create an alternate currency, says Brazil’s Ambassador to India

Prime Minister Narendra Modi will land in Rio De Janeiro early Sunday (July 6, 2025) morning to attend the BRICS summit (July 6-7), along with leaders of the newly inducted members including Egypt, Ethiopia, UAE, Iran and Indonesia. All eyes will be on a Leaders’ Joint Statement, especially given India’s focus on terrorism after the Pahalgam attack and Operation Sindoor, as well as differences with new members over reforms in the UN Security Council , amid the absence of two key leaders, Russian President Vladimir Putin and Chinese President Xi...
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