On September 5th, Zhu Guangyao, Vice Minister of Finance of China, said at the press conference of G20 Summit in St. Petersburg that the consultation on the international reserve currency arrangement mechanism of BRICS countries had ended, with a total scale of 654.38 billion US dollars, led by China, but he did not disclose the specific figures.
Zhu Guangyao pointed out that all BRICS countries are eligible to participate in this arrangement and use this mechanism; At the same time, the BRICS countries are also considering the proportion of arrangements linked to the International Monetary Fund.