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thehindubusinessline.com /1 month ago

BRICS finance ministers discuss possibility of efficient cross-border payment mechanisms

The BPTF also studies cross-border interoperability of payment and messaging channels; discusses promoting trade settlements and investments using local currencies of BRICS countri...

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rt.com /1 month ago

BRICS seeks cheaper payment mechanisms to side-step US dollar

BRICS is trying to make trade settlements easier with cross-border payment links, fast-payment systems, and central bank digital currencies Read Full Article at RT.com

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aljazeera.com /1 month ago

What is BRICS Pay, and can it rival the West’s SWIFT payments system?

BRICS Pay is a decentralised digital system for making international payments in currencies other than the dollar.

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tass.com /1 month ago

BRICS to continue work on mechanisms of cross-border payments, use of national currencies

The heads of state called for continuing discussions, building on the ongoing work

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thehindubusinessline.com /1 month ago

Putin asks BRICS to consider SWIFT alternative, a grain exchange, own reinsurance firm

Though India has clarified that there is no proposal to float a common BRICS currency, the members are increasingly moving to set up BRICS Pay as an independent digital payment

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thehindubusinessline.com /1 month ago

BRICS, and the future of cross-border payments

The best way forward is for the bloc to provide a broad template, even as the details are worked out bilaterally

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timesofindia.indiatimes.com /1 month ago

Brics nations to have a common currency? Here’s what MEA said

Brics nations are discussing local currency trade settlements to reduce transaction costs. There is currently no proposal for a common Brics currency among member states. This init...

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tass.com /1 month ago

RDIF, BRICS Pay, BRICS Pay India to jointly develop cross-border payments

"Developing a modern payment infrastructure is a crucial prerequisite for the continued growth of trade and investment among BRICS countries," Kirill Dmitriev, CEO of the RDIF, sai...

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pmnewsnigeria.com /1 month ago

BRICS pushes local currency trade to cut transaction costs

He said BRICS countries were exploring bilateral arrangements and mechanisms within the BRICS framework to address trade settlement challenges.

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businesstoday.in /1 month ago

BRICS Pay Could Connect UPI, Mir And Other Payment Systems Around The World

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thehindubusinessline.com /1 month ago

BRICS Summit 2026 Highlights: Unified payment system achievable with right trust framework: South African chapter of BRI...

BRICS Summit 2026: the summit will begin at 2:35 pm on Saturday with a closed-door session for BRICS member countries themed “Inclusive Global Governance and Strengthening Multila...

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thehindubusinessline.com /1 month ago

India pushes local currency, resilient supply chains, greater self-reliance across BRICS

Alternative international financial system had become Moscow’s key leverage linking thousands of banks across countries, says Russian Minister

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businesstoday.in /1 month ago

BRICS Payments: India Pushes Digital Currency To Reduce Dollar Dependence In Cross-Border Trade

India is pushing for a new approach to cross-border payments within BRICS, with local currencies and central bank digital currencies emerging as key areas of focus. Karishma Asooda...

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rt.com /1 month ago

BRICS: The gears of change keep grinding

On the agenda at the 18th annual BRICS summit in India is the task of linking payment systems Read Full Article at RT.com

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scmp.com /1 month ago

Under Trump’s shadow, Brics takes step towards de-dollarisation

Brics countries agreed on Saturday to expand trade and payments in local currencies, making another step towards de-dollarisation as the bloc seeks to counter an assertive United S...

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tass.com /1 month ago

Key payment provisions sought by Russia included in BRICS declaration — Kremlin

These concern joint settlement centers, a joint investment platform and a common platform for settlements in national currencies, Dmitry Peskov said

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scmp.com /1 month ago

Brics members find common ground on AI, trade and alternative payment expansion

Brics members agreed in New Delhi on Saturday to continue the push to expand trade and payments in local currencies to counter US pressure. The member nations also found enough com...

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tass.com /1 month ago

BRICS member states face illegal restrictions — Kremlin

These countries are looking for ways to ensure mutual settlements in the context of economic cooperation, Dmitry Peskov said

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tass.com /1 month ago

BRICS stands for greater participation of developing countries in global structures

The countries also call for achieving equitable geographical representation in the Secretariat of the UN and other international organizations in a timely manner

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indiandefensenews.in /1 month ago

BRICS’ Currency Debate Shifts From Dollar Challenge To Diversification

BRICS leaders gathered in New Delhi with de-dollarisation once again dominating the economic conversation.While the rhetoric around reducing dependence on the dollar has intensifie...

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businesstoday.in /1 month ago

Russia-India payment infrastructure ready for national currency settlements, says Sberbank India CEO

Russia-India payment infrastructure for settlements in national currencies is fully ready for active use, Sberbank India CEO Ivan Nosov said. More than 90% of payments from Russia...

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indiandefensenews.in /1 month ago

India And Brazil Push For UNSC Seats As BRICS Drives De-Dollarisation, Permanent UNSC Seats And Global South Resilience

BRICS has emerged as a coalition of nations that share a history of colonialism or imperialism, positioning itself as an alternative to Western poles of power. India, hosting the 2...

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rt.com /1 month ago

Russian sovereign fund and BRICS Pay India agree to build payments project

RDIF and BRICS Pay India have agreed to develop cross-border payment services and prepare pilot projects in India Read Full Article at RT.com

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prophecyupdate.blogspot.com /1 month ago

BRICS Steps Off The Dollar, With Iran Pressing Hardest

BRICS Steps Off The Dollar, With Iran Pressing HardestLarry JohnsonThe 18th BRICS summit opened on Saturday with the bloctaking its most concrete step yet toward loosening the grip...

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