“The BRICS countries have launched a new BRICS currency to challenge the dollar.”
What FACTLY found
The BRICS countries have not officially issued a new BRICS currency. The viral post only a symbolic note that a Russian official presented to President Putin at the recent 16th BRICS Summit in Kazan. After showing it to his ministers, Putin handed it to the head of the Central Bank of Russia. Reports indicate that Russia has proposed a BRICS currency since 2023
Their words, from the summary they publish with the rating.
In short
This claim spread on social media around 6 October 2024. FACTLY (India) looked into it and published its finding on 29 October 2024, 23 days later. Its rating was “MISLEADING”.
Where the claim appeared
- Facebook posthttps://www.facebook.com/saydur.rahman/posts/pfbid027G2Z3E7cK52mcywr46iTnvXZwMQ5qYxXooFFW…
Links recorded by FACTLY. Some posts may have been deleted since.
This check was done by FACTLY, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.