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DeDollarization? Nope, says BRICS guy. Bloc's plans for a common currency are "ridiculous"
Lord Jim O'Neill is a former Goldman Sachs economist who first gave the BRICS bloc its name. He spoke with the Financial Times in an interview.says the bloc's plans for a common currency are ridiculousrejected the possibility of the group of countries challenging the dollar's dominance "It's just ridiculous,""They're going to create a BRICS central bank? How would you do that? It's embarrassing almost."More on this is here. The idea of a BRICS common currency is almost 'embarrassing,' the econo...
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Posted: Aug 16 2023, 00:07
Author Name: forexlive
Views: 103130