RBI proposes linking BRICS digital currencies to cut U.S. dollar use and ease trade and travel payments across member nations ...

India is joining the long list of countries attempting to break away from U.S. dependence following President Donald Trump’s ...

Currently, one US dollar is equivalent to about seven yuan. However, Chinese officials believe the yuan could jump to four or ...

By Jaspreet Kalra and Nikunj Ohri MUMBAI/NEW DELHI, Jan 19 (Reuters) - India's central bank has proposed that BRICS countries ...

India’s central bank wants BRICS members to connect their official digital currencies, aiming to make cross-border trade and ...

The central bank has proposed that BRICS countries connect their central bank digital currencies (CBDCs), according to two ...

The Reserve Bank of India has proposed linking the digital currencies of Brics countries to make cross-border payments for ...

The proposal would place CBDC interoperability on the BRICS agenda, though talks remain early and depend on consensus over ...

The plan could feature on the India-hosted BRICS summit agenda and aims to simplify cross-border payments via interoperable ...

The Reserve Bank of India (RBI) has recommended to the government that a proposal connecting the central bank digital ...

The grouping has a significant share of global GDP, and two of its members, China and India, are among the five largest ...

Proposal for CBDC connectivity could feature at 2026 BRICS summit, reduce reliance on the ​US dollar as geopolitical tensions ...