{"id":11699,"date":"2011-04-25T12:00:25","date_gmt":"2011-04-25T11:00:25","guid":{"rendered":"http:\/\/www.transcend.org\/tms\/?p=11699"},"modified":"2011-04-19T09:15:19","modified_gmt":"2011-04-19T08:15:19","slug":"brics-credit-local-currencies-to-replace-dollar","status":"publish","type":"post","link":"https:\/\/www.transcend.org\/tms\/2011\/04\/brics-credit-local-currencies-to-replace-dollar\/","title":{"rendered":"Local Currencies to Replace Dollar"},"content":{"rendered":"<p>Brazil, Russia, India, China and South Africa &#8211; the BRICS group of fastest growing economies \u2013 Thursday [14 Apr 2011] signed an agreement to use their own currencies instead of the predominant US dollar in issuing credit or grants to each other.<\/p>\n<p>The agreement, the first-of-its-kind, was signed at the 3rd BRICS summit attended by Indian Prime Minister Manmohan Singh, China&#8217;s Hu Jintao, Brazil&#8217;s Dilma Rousseff, Russia&#8217;s Dmitry Medvedev and South Africa&#8217;s Jacob Zuma.<\/p>\n<p><a target=\"_blank\" href=\"http:\/\/articles.economictimes.indiatimes.com\/2011-04-14\/news\/29417583_1_economies-food-security-local-currencies\" > <\/a><\/p>\n<p><a target=\"_blank\" href=\"http:\/\/articles.economictimes.indiatimes.com\/2011-04-14\/news\/29417583_1_economies-food-security-local-currencies\" >Go to Original \u2013 indiatimes.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brazil, Russia, India, China and South Africa &#8211; the BRICS group of fastest growing economies \u2013 Thursday [14 Apr 2011] signed an agreement to use their own currencies instead of the predominant US dollar in issuing credit or grants to each other.<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[180],"tags":[],"class_list":["post-11699","post","type-post","status-publish","format-standard","hentry","category-brics"],"_links":{"self":[{"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/posts\/11699","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/comments?post=11699"}],"version-history":[{"count":0,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/posts\/11699\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/media?parent=11699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/categories?post=11699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/tags?post=11699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}