Abstract

The paper highlights problems of minimizing currency discrepancies inso far they affected the structure and the volume of intra-BRICS trade in 2019-2021. The main findings turn to the greater involvement of existing BRICS outreaching mechanisms and to enrich the BRICS Pay with clearing function based on a digital new unit of account (NUA) with collateral from the BRICS Contingent Reserve Arrangement (CRA).

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