Birdwatch Note Rating
2024-06-10 06:19:50 UTC - HELPFUL
Rated by Participant: 77F3621FF8FA173FA4ACD668DF010C276EAE695AC375074FD5F7766FA71A337C
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