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BRICS is an international organization currently comprising ten countries: Brazil, China, Egypt, Ethiopia, India, Indonesia, Iran, Russia, South Africa and the United Arab Emirates.
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BRICS is set to introduce a new currency and payment systems for the bloc by 2025, according to the joint Kazan Declaration signed on Wednesday. A total of 159 countries are expected to adopt the new BRICS payment system. A mock-up bill of the BRICS currency was also released.More
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