BRICS Countries Explore Joint Digital Currency to Reduce Dollar Dependence
India leads initiative for interconnected CBDCs among BRICS nations, aiming to establish alternative payment infrastructure by 2026 summit.
Finance
BRICS countries may create common digital currency
India proposes linking central bank digital currencies (CBDCs) to reduce dollar dependency and establish alternative payment infrastructure for trade and tourism.
BRICS Nations Discuss Developing Unified Payment System
Countries explore alternatives to Western financial infrastructure through digital currency integration
New Unified Payment System BRICS: What Is Known
According to Berliner Zeitung, the BRICS summit in 2026 may launch the Brics Pay system, allowing settlements in national currencies without using the dollar.
Trump Tariffs and New World Order: Why Global Leaders Align with BRICS
Analysis of how US tariff policies under Trump have accelerated global realignment toward BRICS as a counterbalance to American dominance.
BRICS Countries Prepare to Launch Independent Payment System
Countries in the BRICS bloc are advancing plans for a payment system independent of Western financial infrastructure, with India proposing integration of central bank digital currencies.
What is RBI nudging India to do at BRICS? | Explained
RBI advocates for BRICS-wide adoption of CBDCs to enhance cross-border payments, balancing benefits like transparency against risks like US tariff threats.
India’s Foreign Policy Anchored in Strategic Autonomy Amid BRICS and Quad Engagement
Analysis of India’s balancing act between Quad and BRICS frameworks under evolving global dynamics.
China-Brazil Deepen Strategic Ties with Mammoth Deals and BRICS Pay at Center
The strategic alignment between China and Brazil intensifies with multi-billion dollar agreements, trade records, and the BRICS Pay system aiming to reduce dollar dominance.