​South African Minister Tells BRICS Nations Not to Rush Decisi | Altcoin Holder

​South African Minister Tells BRICS Nations Not to Rush Decision on Common Currency

The South African minister of international relations, Naledi Pandor, has urged Brazil, Russia, India, China and South Africa (BRICS) countries to be wary of making a hurried decision when they meet in August to discuss launching a common currency.

Pandor said her country will “not shy away from discussions” that relate to her country’s national interests.

The minister also revealed that South Africa’s debt is primarily denominated in dollars, therefore the country cannot easily ditch the greenback.