Claim: The BRICS countries have launched a new BRICS currency to challenge the dollar.
Fact-check: BRICS countries have not officially adopted or issued a BRICS currency, the viral photo only shows a symbolic note - FACTLY
Verdict: the brics countries have not officially issued a new brics currency. the viral post only a symbolic note that a russian official presented to president putin at the recent 16th brics summit in kazan. after showing it to his ministers, putin handed it to the head of the central bank of russia. reports indicate that russia has proposed a brics currency since 2023. however, there has been no real progress. hence, the viral post misleading.
Organisation: FACTLY
Author: Murshid M
Date published: 2024-10-29T08:38:02