BRICS Nations Eye Digital Currency Link to Bypass US Dollar
India’s central bank proposes interoperability of BRICS digital currencies to reduce USD dependence in cross-border trade.
India’s central bank proposes interoperability of BRICS digital currencies to reduce USD dependence in cross-border trade.
India suggests creating cross-border digital currency framework at upcoming BRICS summit to enhance trade efficiency and reduce dollar dependence.
Proposal aims to enhance trade and tourism payments while reducing reliance on the U.S. dollar through interconnected central bank digital currencies (CBDCs).
Proposal aims to reduce dollar dependence through interconnected CBDCs, to be discussed at 2026 BRICS summit hosted by India.
Reserve Bank of India pushes plan to connect BRICS digital currencies for cheaper, faster international payments, aiming to reduce reliance on US dollar.
India’s central bank suggests connecting BRICS CBDCs to facilitate trade and tourism payments, potentially reducing dollar dependence.
India’s central bank suggests connecting BRICS countries’ central bank digital currencies (CBDCs) to enhance trade and tourism payments while reducing dollar dependency.
India’s central bank suggests connecting BRICS digital currencies for trade and tourism payments, aiming to decrease reliance on the US dollar.
India’s central bank advocates connecting BRICS CBDCs to enhance cross-border transactions and reduce dollar dependency, per Reuters report