Birdwatch Note Rating
2024-06-09 03:52:15 UTC - HELPFUL
Rated by Participant: 58F5632EBEEEC3C799D6DDA27009B00DB5963CD4CAFFE8EA4C8ADBD78A0E96C7
Participant Details
Original Note:
The proposed BRICS reserve currency is not new, and was first introduced in 2022. While the idea of a BRICS currency is being actively discussed & promoted by some member nations, it has not yet been implemented, & significant hurdles remain before it can become a reality https://www.nasdaq.com/articles/how-would-a-new-brics-currency-affect-the-us-dollar-updated-2024 https://carnegieendowment.org/research/2023/12/the-difficult-realities-of-the-brics-dedollarization-effortsand-the-renminbis-role
All Note Details