India Proposes Linking BRICS Digital Currencies to Reduce USD Dependence

Source: RT на русском | Original Published At: 2026-01-19 21:47:33 UTC

Key Points

• India's central bank proposed connecting digital currencies of BRICS nations to reduce reliance on the US dollar.
• The initiative aims to simplify cross-border financial transactions between BRICS member states.
• This would represent the first official proposal of its kind within the BRICS framework.
• Potential political pushback from the United States is noted as a risk factor.