| 28.03.2012 - BRICS may agree to trade in local currencies |
| The second BRICS summit that gets underway here on March 29 could set the ball rolling on a pact for extending cross-country credit in local currencies of member nations. This comes at a time when development banks of Brazil, Russia, India, China and South Africa are said to be in advanced stage of reaching a path-breaking currency agreement...............................................Full Article: Source |