Currency internationalization in the BRICS' space
The article analyzes the mechanism of settling trade and financial transactions in national currencies of the BRICS. The purpose of this article is to reveal the special features of the BRICS' currencies' internationalization process in the frames of this mechanism. The article proves that having various investment opportunities in yuan's transactions including bonds, investment and financial assets is a crucial factor of creating the BRICS' settlements system which goal it is to more broadly use their national currencies internationally.