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Iran Backs Russia on BRICS Single Foreign money Initiative

Iran Backs Russia on BRICS Single Foreign money Initiative



Iran plans to assist Russia’s initiatives on making a BRICS single forex and increasing nationwide forex funds inside the bloc, in response to Iran’s Ambassador to Moscow, Kazem Jalali. The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring the creation of a brand new forex to scale back reliance on the U.S. greenback and mitigate […]



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