digital currency

India, Russia working on digital currency trade settlement, Sberbank CEO says

India and Russia have begun working on a digital currency settlement mechanism for bilateral trade, with the two countries' central banks examining how state-issued currencies could be used for cross-border payments, Sberbank Chief Executive Officer Herman Gref said on Friday…

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…