Saturday , November 23 2024

BRICS countries have their own currency, Putin launches new currency, inside story

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The BRICS summit concluded on Thursday, causing a stir in Russia. Many discussions related to financial reforms took place in this conference. A photo of a currency is going viral on social media, in which the photo of Taj Mahal of Agra is printed. With the claim of this currency, Russian President Vladimir Putin has announced the BRICS currency as an alternative to the US dollar and has put forward the idea of ​​de-dollarization. This means trading in a currency other than the US dollar. After the photo of the note went viral, a new discussion has started on social media. Citing Putin's comments on social media, it has been claimed that the dollar is being used as a weapon and whoever is using it has made a big mistake.

At present currency notes are used only symbolically

However, the currency note with which this entire controversy started is currently being considered only symbolic, that is, neither the BRICS countries have accepted this note nor will the picture of Taj Mahal be on the last BRICS currency note? Moreover, this symbolic note was also prepared by the officials of the Russian diplomatic mission in South Africa, which they also gave to the UAE Ambassador, but no discussion was held with the BRICS countries to make this symbolic note. And this just shows how the leaders of the BRICS countries are, this type was created to see what currency they can create in the future.

It is worth noting that will there be a picture of India's Taj Mahal on the currency notes of BRICS countries? And have the BRICS countries given their consent for this currency note? These pictures became the most talked about in the world on 23 October when the annual conference of BRICS countries was held in Kazan city of Russia.

Putin shows notes

A Russian official presented a currency note to President Vladimir Putin at the BRICS summit in Russia and after showing the note to his ministers, President Putin gave it to the head of the Central Bank of Russia.

Taj Mahal of Agra on BRICS currency

Russian media has also published the picture of this currency note, in which Taj Mahal is shown with the tricolor flag of India and now there is a lot of controversy going on in our country regarding this. People are writing on social media that instead of Taj Mahal, the picture of Ayodhya's Ram Temple, Ashok Chakra or Odisha's Konark Temple should not be printed on this note and is it against the ancient civilization of India to show Taj Mahal on this note. And isn't this an insult to the culture?

54% of international trade takes place in US currency

Even today, 54 percent of the world's international trade takes place in US currency, which keeps the US currency strong and stable and because the whole world uses America's SWIFT banking system for payment systems, America's five fingers always take advantage of it. It has done this for its own interests and many times against Russia and China, due to which now BRICS countries Russia, India, China, South Africa and Brazil are creating their own currencies. This will reduce dependence on dollar trade and these countries will be able to trade in their own currency.

And this is called de-dollarization, which the US opposes and Donald Trump has announced that… if he becomes president, he will impose 100% tariffs on countries that trade in other currencies instead of the dollar and you Can stop it. America's arbitrariness can also be understood. However, it may take a lot of time for the BRICS countries to create their own currency and President Putin himself has accepted this.

Today, when the currency war is going on all over the world, we are reminded of the idea that money has taken hold so much that man has forgotten that money did not make him, he made money.