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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    BRICS denies that its currency issuance has been shelved

    Rocky
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    • Post n°1

    BRICS denies that its currency issuance has been shelved Empty BRICS denies that its currency issuance has been shelved

    Post by Rocky Mon 29 Apr 2024, 4:57 am

    BRICS denies that its currency issuance has been shelved 81a1c225-714e-47d5-b798-a9bd618e90d4
    [size=52]BRICS denies that its currency issuance has been shelved[/size]
    • Today 08:42




    Information / Baghdad.. 
    Russian Deputy Foreign Minister Sergei Ryabkov confirmed that the idea of ​​issuing a unified currency for the BRICS group “has not been shelved,” but its implementation is linked to specific aspects.
    “I would not say that this idea has been shelved, although its implementation, as we all understand, involves aspects such as establishing a central bank to issue currency and studying the interest rate of member state banks,” the Russian diplomat said at a press conference.
    He acknowledged that the BRICS group is not ready to issue a unified currency, but that does not mean that the idea has been postponed.
    The BRICS group is moving to expand non-dollar payments, as the group's countries seek to abandon the SWIFT system controlled by the United States. 
    The plans of the group, which includes Russia, China, Brazil, South Africa, India, Saudi Arabia, the Emirates, Egypt and Ethiopia, include establishing an international payment system, “BRICS Pay,” based on “Blockchain” technology, that is, on the basis of digital assets. 
    In light of the United States’ use of the dollar as a tool in sanctions and the American public debt reaching an astronomical level, countries in the world, led by the BRICS countries, are working to increase the use of national currencies in international trade. Ended / 25 AD
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