Apparently, New Delhi fears Trump tariffs.
6.12.2024
According to India’s Central Bank Governor, the BRICS bloc has not decided to create a common currency to reduce the use of the dollar.
This has been reported by Bloomberg.
“The BRICS currency is an idea put forward by one of the members, which was discussed but no decision was taken,” Reserve Bank of India Governor Shaktikanta Das said.
He also added that the geographical distance of the countries should also be kept in mind, unlike the eurozone, which has geographical continuity.
These comments come after US President-elect Donald Trump recently warned the BRICS countries that he would require them to commit not to create a new currency as an alternative to the dollar, and repeated threats to impose 100% tariffs.
https://charter97.org/en/news/2024/12/6/621654
This means that the muscovite gutter rat’s dream to replace the dollar mostly likely will remain being a dream.
This is what happens when a regional power has delusions of grandeur.
Such delusions make for embarrassing moments.
How can this rabble of an organisation have a common currency? All of them are no more than toilet paper.
Not to mention the wide-ranging interests they have. I think the biggest problem is between the three largest members, who would like to be the deciding factor for a new currency. I don’t think we’ll ever see this happening in our lifetimes.
You can’t have 3 bosses in an organisation. India hate China, China hate India, and neither of them would want to be led by the failed state called mafia land.
That’s right.
I’m glad you saw right away which three I thought about. 😁
I couldn’t imagine them allowing Zimbabwe to lead the BRICS. 😁
No, can’t see that happening either. 😄
As someone said long ago: ruZZia is indeed Zimbabwe with nukes and putler is a Mugabe-type psychopathic rodent : unfortunately with nukes.