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20 sats \ 8 replies \ @TomK OP 17 Jun \ parent \ on: China's Industrial Growth Slows; Retail Sales Surprise Analysts econ
They just have to make sure that it does not depreciate faster than other leading currencies such as the euro or the yen.
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you shouldn't expect them to proclaim their own currency at this point. but they have been hinting for months that there will be joint bilateral actions, a settlement system that will include gold etc etc. i think the direction is clear, a further de-dollarization ofthe brics
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I've been hearing about the BRICS for so long... I wonder when it will be a reality
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Thanks both for the info.
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