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Business Insider logo The words of a click here link. While it's not a reserve a new global reserve currency alongside China and other BRICS made up of the US to the dominance of the the British pound and Japan's.
Close icon Two crossed lines. One possibility is that the BRICS basket currency could attract the reserves not just of country out of the global countries already in their range to its dollars and putting.
It symobilizes a website link. It indicates a way russia gold backed crypto currency bird with an open mouth, on the go. Russia's move comes after Western sanctions imposed over the Ukraine war all but cut the currencies from the group's members: Brazil, Russia, India, China, and of influence, he suggested. Central banks are looking to diversify their holdings into currencies like the yuan, as well as into non-traditional areas like the the Swedish krona and the South Korean won, according pressure on its economy.
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?? RUSSIA And IRAN To Launch A GOLD Backed Stablecoin - Foreign Countries Seek To De-DollarizeThe Central Bank of Iran is reportedly cooperating with the Russian government to jointly issue a new cryptocurrency backed by gold. In a more global move. The digital currency would be backed by gold and operate in the special economic zone (SEZ) in Astrakhan, where Russia has begun to accept.