TechnologyPayment Expert · 1h ago
BRICS ditches shared currency for payment links
By Kieran O'Connor•August 12, 2026
The brief
BRICS appears to be moving away from the idea of a shared currency and towards linking its domestic instant-payment networks. Speaking at an event in Mumbai on 11 August, Sanjay Malhotra, Governor of the Reserve Bank of India (RBI), confirmed that discussions are taking place around several options to improve cross-bo…
Original report
Payment Expert
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