Putin said whether there will be a single currency for BRICS countries

18.10.2024 20:37

Russian President Vladimir Putin said that the BRICS countries are not yet considering the possibility of creating a single currency.

The head of the Russian state made this statement on October 18 at a meeting with journalists from the BRICS countries.

The Russian President's words are quoted by TASS .

What Putin Said About the Single Currency of the BRICS Countries

The Russian president stated that this issue is not yet ripe and is not being considered.

We need to be very careful, we must act gradually here, without rushing, Putin noted.

Vladimir Putin
Photo: kremlin.ru

According to him, the BRICS countries are currently studying the possibility of expanding the use of national currencies.

Putin noted that a high degree of integration of economies is necessary to create a single currency.

Therefore, this is a distant prospect. But theoretically it can be, we can talk about it in the future, - the head of the Russian state summed up.

Author: Timur Khomichev Internet resource editor