BRICS Nations Explore Linking Digital Currencies for Easier Cross-Border Payments

By Jaspreet Kalra and Nikunj Ohri India’s central bank has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources said, which could reduce reliance on the U.S. dollar as geopolitical tensions rise. Get a daily email packed with the latest news and analysis from Africa, Asia, and across the Global South. Read exclusive insights on the key trends shaping China’s relations across the Global South. Full access to the News Feed that provides daily updates on Chinese engagement in the Global South. China, Africa and the Global South... find out what’s happening. Subscribe today for unlimited access. OR