Sberbank analyst’s editorial looks at the “tremendous potential” of a BRICS reserve currency that would fuel de-dollarization
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Russia’s central bank revealed two weeks ago that it was further distancing itself from dependence on the U.S. dollar by buying the Chinese yuan on foreign exchange markets. Around the same time, on December 21, 2022, Sberbank executive Yaroslav Lissovolik published an opinion piece that talks about exploring the path to a new BRICS reserve […]