BRICS Contemplates Digital vs. Gold-Backed Currency for 2024

November 24th, 2023
The BRICS nations, now including new members like Saudi Arabia and Egypt, are weighing a monumental decision for their potential common currency: digital or gold-backed. This choice, set to be a highlight at the 2024 summit, signals a major shift in global finance. The digital option, led by China's digital yuan experience, offers modern efficiency, while a gold-backed currency promises stability and traditional value.
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