BRICS business and individual trade

BRICS business and individual trade

At standard of economy of world level, only dollar is the most trade factors currency.

Why I don't know.

All BRICS countries are having minor currency rate against dollars and euro....

USA dollar verses lumpsump round amount as on today ... front of one unit

Brazil              4 real
Russia.         64 ruble
India.             70 ruppes
China               7 Yuan
South Africa 15  rand

BRICS internal countries ratio of currency rate for Indian currency are front of one unit

Brazil              18 rs
Russia.          1 rs
China             10 rs
South Africa.  5 RS

Other stuff are as China for
One Yuan # 10 ruble Rus
One Yuan # 2 Rand SA
One Yuan # 0.5 real Brazil

CHINA

China's maximum trade market effected by present tax or duties related market war with USA....and if more effective than maybe effect shows on BRICS capital too...

China has big and small volume market..in world. But effects are on only USA's EXIM policies and duties are not believe by me....as per my knowledge smaller new tachnicaly sounds cheaper cost market effect by USA's EXIM policies duties... And mostly all are durable products... USA has money power or that people like to used robotics equipment frequntly ... If stop by policies, change happened in all levels money criteria as China has already made so many durable items base on electronic parts... Including mobile mania...
Other way transportation services costing is also important for China and other countries business...

Other big problem for China are population and related jobs, services, business, maintain ratio of consumer rates etcetera...

RUSSIA

Russia has big market but major done with European Market...as low cost and fast transportation facilities by road, train or else... And mostly Russia maintain their internal Market as well as jobs and services related business...

South Africa

As same for south Africa... It's mainly getting loan from even India too... Is big surprise for me. International advertising agency always making add on poor people and other media also making different types of business but that all maintain any how still as no change in international currency market level

INDIA

India has not main stream business but mostly it has EXIM policies for agriculture cloths and Mattel business... Other rich countries investment in different ways for getting benifits by consumer products but as not maintain production unit in India  but only trade level... or we can say as on paperwork and other transportation services are very cheaper if compared with dollar and euro...

Now India got steady political ruling party... And mis Nirmal sitaraman know how to manage home...by saving money for other budget price factors...as I had seen a video clip for saving expenses she used common or public spot restaurant for refreshments...

Well HOPE is good for all...

Here I refuse to write neighbors relationship but strongly put pure professional level theory for international market strategic planning...as well giving high class best service to a common man is more important for all those countries who mostly using 20 to 25 thousand dollars daily for battle or maintain battle at border....

I have not much knowledge and experience about economic development but that I personally sharing with you as ... Meantime of Dr ManMohan sing government, so many critical conditions...done... India affected badly from that all... Even still Indian currency maintain fighting with international currency standard for standbys level...

BRAZIL

Brazilian currency also affected by international market as there are government changed... Even in all those matter when BRICS started the Brazilian Real is about 35/- RS but now a days I seen today it is on 18/- RS...!!!!!!!!!!!

Let's hope for the best... for common people...

against dollar BRICS countries currency rate from 2000 to 2019 are lumpsump

Brazil             2 to    4 real
Russia         28 to  64 ruble
India             44 to 70 rupees
CHINA.           8 to   7 Yuan
South Africa  7 to 15 rand

What things happened during between years for currency upgrade or downgrade are still hidden but I have confirmed knowledge that in India, during Congress ministry (2010 to 2013) few people made contract with such agencies for getting few private information of related nation's top most IAS, IPS and ministers internal affairs and department... let's forget...

See the Link given here under for details
https://data.oecd.org/conversion/exchange-rates.htm

Again, let's hope for better national growth all ways..and always...

I personally interested in India's economic development....at all levels including administration and international market trade share...

Country	Capital contribution[5] (billion USD)	Access to Funds (billion USD)	Voting Rights (%)[6]
Brazil	18	18	18.10
China	41	21	39.95
India	18	18	18.10
Russia	18	18	18.10
South Africa	5	10	5.75
Grand Total	100	85	100.00

The arrangement is scheduled to start lending in 2016

BRICS Wikipedia reference

Jigar Mehta / Jaigishya