BRICS launches a new currency called ‘the Unit,’ which is backed 40% by gold and 60% BRICS national currencies

[Zambian Observer - Zambia] - 15/12/2025
REPORT: BRICS launched a new currency called ‘the Unit,’ which is backed 40% by gold and 60% BRICS national currencies, equally weighted between the Brazilian real, Chinese yuan, Indian rupee, Russian ruble, and South African rand. The world’s leading emerging markets are searching for a way to (…)
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