Talk of South Africa de-dollarising and adopting a unified BRICS currency has once again reared its head. But how will it work?
Is a unified BRICS currency the way to detangle the South African economy from the US Federal Reserve? Image: File/Fotor
Ultimately, the FMF’s fear is that adoption of a unified BRICS currency would hurt South Africa on two fronts. Firstly, it would not benefit South Africa in any tangible way through the BRICS + network.
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