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Kremlin pours cold water on BRICS single currency speculation — RT

Summary:
Russia confirms Brazil's preference for using national currencies instead of USD rather than launching a new currency with all the complications and uncertainties that such a project involves. It's over for now.RT — Question More (Russian state-sponsored media)Kremlin pours cold water on BRICS single currency speculation

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Russia confirms Brazil's preference for using national currencies instead of USD rather than launching a new currency with all the complications and uncertainties that such a project involves. It's over for now.

RT — Question More (Russian state-sponsored media)
Kremlin pours cold water on BRICS single currency speculation

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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