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hello and welcome to my channel thank you for being here BRICS countries Brazil Russia India China and South Africa are working to create their new currency this of course is no surprise to those of you who have been following the recent news on the stability of the current Global Reserve currency as well as the expected decline of its value this time around the lead are expected to take India and Russia India and Russia should take the lead in forming a financial relationship to ultimately create a new common currencies that state Duma Deputy chairman Alexander Babakov during Saint Petersburg International economic Forum it has not been announced what currency will become the common denominator it seems that a decision on whether it will be the Chinese Yuan Russian Ruble Indian rupee or something else has not been made but with that said what is clear at this time is that it will be a central bank digital currency our goal should be focused based on writi