With major oil exporters joining BRICS, local currency settlements rather than US dollar become more natural: analysts

With Iran, Saudi Arabia and the United Arab Emirates joining BRICS, the multilateral mechanism now includes major global oil producers and importers. Analysts said that a wider adoption of local currencies for trade among BRICS countries, rather than using the US dollar, seems more natural. Six…#iran #saudiarabia #unitedarabemirates #brics #argentina #egypt #ethiopia #southafrican #brazil #southafrica
Source: Reuters: Health - Category: Consumer Health News Source Type: news