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Brazil's da Silva on Thursday pointed out the BRICS team carries on to review the potential for a bloc forex, which could "increase our selections for [a] means of payment and cut down our vulnerabilities," according to an Formal summit translation.
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Gustavo de Carvalho, plan analyst and senior researcher on the South African Institute of International Affairs, reported on X the future new customers will not only enhance the visibility on the BRICS bloc, but also present an opportunity for coalition members to trade with one another in area currencies.