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De-dollarisation gains traction among Brics
(www.khaleejtimes.com)
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this post was submitted on 30 Apr 2024
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Because that requires a unified monetary policy. The BRICs countries don't actually have that much in common, meaning they need to treat their domestic monetary policies to be most advantageous internally. Having one currency wouldn't allow that. What it really boils down to is how a country included would be able to spend its own money and how much debt it would be allowed to carry.