According to a Reuters report, India's central bank has proposed that BRICS nations consider linking their central bank digital currencies (CBDCs) to facilitate trade and tourism. The proposal suggests a potential framework for cross-border transactions among BRICS member countries using digital currencies. The development indicates a growing interest in exploring the use of CBDCs to enhance economic cooperation and streamline financial interactions within the BRICS economic bloc.

According to a Reuters report, India's central bank has proposed that BRICS nations consider linking their central bank digital currencies (CBDCs) to facilitate trade and tourism. The proposal suggests a potential framework for cross-border transactions among BRICS member countries using digital currencies. The development indicates a growing interest in exploring the use of CBDCs to enhance economic cooperation and streamline financial interactions within the BRICS economic bloc.