BRICS agree on a 100bn ‘financial firewall’ in anticipation of ‘currency shocks’

Tuesday, September 10th 2013 - 00:42 UTC

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BRICS nations (Brazil, Russia, India, China and South Africa) have agreed to a 100 billion dollars currency reserve pool as a “financial firewall” in anticipation of liquidity strains and ‘currency shocks’ as the United States Federal Reserve moves to reduce monetary stimulus. Read full article

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ChrisR
Yes, of course they will do this.

ChINDEC data you can rely on as much as INDEC itself!
Sep 10th, 2013 - 02:43 pm - Link - Report abuse 0
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