Brics demand "broad-based" international reserve currency system

brics

At a summit on the southern Chinese island of Hainan, dignitaries from Brazil, Russia, India, China and South Africa (Brics) said the international financial crisis had "exposed the inadequacies and deficiencies of the existing international monetary and financial system", which has the US dollar at its core.

As reported on Xinhua News, the official press agency of the government of the People's Republic of China, a joint statement was released by the countries following Thursday's meeting.

The

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: