BRICS + Surges Ahead
09-09-2024: In mid-August, the Central Bank Governor Elvira Nabiullina confirmed that a staggering 159 countries are ready to adopt the BRICS payment system, which will expand Russia’s SPFS platform, as an alternative to SWIFT.[1] The BRICS alliance is perhaps better described as “BRICS +”, due to the fact that it has expanded beyond the original members of Brazil, Russia, India, China and South Africa to … Continue reading BRICS + Surges Ahead
