Common Currency on Agenda for South African BRICS Summit

Johannesburg - The creation of a BRICS currency will be one of the main topics up for discussion when the group of five emerging nations - Brazil, Russia, India, China and South Africa -- meet in Johannesburg in August, South African officials said this week.

Russia has been spearheading the push for the creation of a joint currency, and Brazil has also thrown its support behind the idea. China, too, is in favor