''The BRICS countries are due to establish a joint currency fund. A formal decision has been made because this reserve is necessary in case of another economic crisis.''
''Now Brazil, Russia, India, China
and South Africa are discussing concrete parameters and conditions of
accumulating currency reserves. The size of the fund has also been
determined. It is to be $240bln. However, the establishment of the
mechanism of mutual lending has an important political aspect as well,
say experts interviewed by The Voice of Russia.''
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