Would a BRICS Common Currency Work? - Patrick Boyle On Fi...

What this episode covers

Send us a textThe BRICS nations have been discussing the idea of creating a new currency to facilitate overseas trade. The idea was put forth by Russia as it faces economic sanctions from the West over its invasion of Ukraine.Meanwhile, some of the BRICS countries have already ditched dollar and are now trading in their local currencies.Brazil and China signed an agreement last month to abandon the dollar as an intermediary and settle bi-lateral trade in their own currencies and as many as 18...

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Frequently Asked Questions

How long is this episode of Patrick Boyle On Finance?

This episode is 22 minutes long.

When was this Patrick Boyle On Finance episode published?

This episode was published on April 28, 2023.

What is this episode about?

Send us a textThe BRICS nations have been discussing the idea of creating a new currency to facilitate overseas trade. The idea was put forth by Russia as it faces economic sanctions from the West over its invasion of Ukraine.Meanwhile, some of the...

Can I download this Patrick Boyle On Finance episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.