India Does Not Support a Separate BRICS Currency, Says Goyal

Source: Loksatta | Original Published At: 2026-08-08 04:36:17 UTC

Key Points

• Commerce Minister Piyush Goyal said India would not support a separate BRICS currency.
• The report describes China and Russia as pursuing alternatives to the US dollar, including a separate BRICS currency.
• BRICS ministers discussed ways to promote balanced trade and investment among member countries.
• Ministers also discussed ensuring easier access to adequate financing for micro, small and medium-sized enterprises.