September 2, 2026
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4:46Now PlayingBrics is likely to discuss ways to reduce dependence on the US dollar but a formal decision to create a common Brics currency is unlikely at the New Delhi summit. Experts believe that the more immediate focus is expected to be on cross-border payment systems, greater use of national currencies and financial interoperability.
India has consistently taken a measured approach on de-dollarisation. Ahead of the summit, Indian officials and sources have indicated that New Delhi is more interested in making international payments easier and reducing transaction costs than in launching an alternative currency to challenge the dollar. Reports suggest discussions could focus on linking payment systems and strengthening settlements in local currencies.
#breakingnews #topnews #bricssummit #brics #india #russia #china #geopolitics #asia #worldnews #internationalnews #mirrornow #mirrornoworiginals
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