BRICS

BRICS nations discuss linking payment systems and CBDCs, RBI governor says

Members of the BRICS bloc are in active discussions about linking their national fast payment systems and central bank digital currencies, Reserve Bank of India Governor Sanjay Malhotra confirmed on Tuesday in Mumbai, marking a step forward in the group's…

BRICS dollar alternatives no longer a ‘fantasy,’ economist O’Neill says

Jim O'Neill, the economist who coined the term "BRIC" in 2001 while at Goldman Sachs, has shifted his stance on the bloc's ability to develop alternatives to the U.S. dollar, telling Reuters Thomson Reuters Corporation that recent advances in payment…