India’s Central Bank Proposes Linking BRICS’ Digital Currencies, Sources Say

File Photo: A man speaks on his phone as he walks past the Reserve Bank of India (RBI) logo inside its headquarters in Mumbai, India, February 7, 2025. REUTERS/Francis Mascarenhas/File Photo

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.

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