Courtesy: Live Mint
Live Mint, a business newspaper republished Gateway House researcher Samir N. Kapadia's article. He writes that banks around the globe would be wise to take a second look at what now could be the most significant agreement in international finance since the Euro: the BRICS currency swap.
Courtesy: Flickr/t3rmin4t0r
Banks around the globe would be wise to take a second look at what now could be the most significant agreement in international finance since the Euro: the BRICS currency swap. Though certain geopolitical risks are involved, could this free India from unpredictable currency fluctuations?