Putin Hosts BRICS Summit, Embraces Local Currency
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exchange currencyInsider
•Putin's dollar problem is on clear display at the BRICS summit, starting with the moment guests land at the airport
82% Informative
Russian President Vladimir Putin is hosting the BRICS summit in Kazan , Russia .
Putin is touting trade in local currencies, a move away from the US dollar.
Despite the de-dollarization push, summit organizers advised attendees to bring US dollars and euros.
The group of emerging nations anchored by Brazil , Russia , India , China , and South Africa is not giving up.
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