Upgrading Bretton Woods: A Case for “Currency Baskets”

... system, rekindling discussions on the prospects of new reserve currencies such as the BRICS reserve currency. The new entrants in the international currency reserve space that are likely to emerge may include not only national reserve currencies but also currency baskets. If successful, these new entrants can transform the global monetary system towards greater optionality and lower exposure to geopolitical risks. Yaroslav Lissovolik: G20 Summit of 2022: Bridging the North-South Divide Among the new ...