BRICS to focus on curbing dollar reliance – South Africa ...News

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BRICS to focus on curbing dollar reliance – South Africa
source : Russia Today ( News ) () 49
The five-country alliance will also discuss expansion at its summit in Johannesburg The leaders of the BRICS nations will discuss ways to eliminate dependence on the US dollar during their meeting in Johannesburg this week, South African Deputy President Paul Mashatile has said.  The bloc comprising Brazil, Russia, India, China and South Africa has taken several steps towards reducing the share of the greenback in mutual settlements by boosting payments in members’ currencies.  “Today the world takes notice of this bloc because it’s at the forefront of the global discourse” to curb dependence on the dollar, Mashat

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