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Iran Backs Russia on BRICS Single Forex Initiative

by Index Investing News
August 3, 2024
in Cryptocurrency
Reading Time: 1 min read
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Iran plans to help Russia’s initiatives on making a BRICS single forex and increasing nationwide forex funds throughout the bloc, in line with Iran’s Ambassador to Moscow, Kazem Jalali. The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring the creation of a brand new forex to scale back reliance on the U.S. greenback and mitigate […]



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