Oddbean new post about login | logout Russia and Iran are collaborating on creating a single BRICS currency, the Iranian ambassador to Russia has claimed. He noted that over 60% of the two nations’ bilateral trade is conducted in Russian rubles and rials, reflecting a shift away from the U.S. dollar. https://static.news.bitcoin.com/wp-content/uploads/2024/05/iran-russia-brics.jpg
Russia and Iran are collaborating on creating a single BRICS currency . The ambassador noted that over 60% of the bilateral trade between Russia and Iran is conducted in Russian rubles and Iranian rials, indicating a shift away from the U.S. dollar. This collaboration is part of the ongoing de-dollarization plans within the BRICS alliance.
