BRICS Unified Currency Deemed Premature by Russian Official

Publikováno: 8.10.2024

#Economics #brics #Central Banks #Digital Currency #finance ministers #Financial Markets #Financial Sovereignty #inflation #Johannesburg #Moscow #national currencies #payment systems #Regulation #Russia #Ryabkov #trade

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BRICS Unified Digital Currency Deemed Premature by Russian Official

Russia’s Deputy Foreign Minister has stated that discussions on a single currency for the BRICS economic bloc are premature due to differences in financial regulation among member nations. Instead, the focus remains on enhancing financial sovereignty and exploring national currencies for trade. Ryabkov highlighted ongoing efforts to strengthen the bloc’s economic independence, with authorities actively […]