- BRICS includes India as a member nation and India hosts a BRICS meeting in its national capital.
- The 18th BRICS Summit is underway in New Delhi, celebrating strategic partnerships and diplomatic relations.
- India hosts the 18th BRICS Summit in New Delhi, where trade dynamics and deficits are discussed.
Central banks, including the RBI, are exploring the use of digital currency for trade settlement among BRICS members.
3 reports, 1 independent
Updated Sep 11
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What happened
Central banks, including the RBI, are exploring the use of digital currency for trade settlement among BRICS members.
Who's involved
What this event is mainly aboutKeep exploring
Part of
India hosts the 18th BRICS Summit in New Delhi, where trade dynamics and deficits are discussed.Also in this story
- Leaders at the BRICS Summit discussed trade imbalances, supply chain vulnerabilities, and advocated for inclusive technology access.
- Trade remains imbalanced within BRICS, prompting calls for a more equitable global order.
Within BRICS includes India as a member nation and India hosts a BRICS meeting in its national capital.
The entities involved
- India
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Reserve Bank of India
central bank of India
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BRICS
association of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates
Related events
- RBI drives digital rupee adoption for settlements while SEBI pilots tokenized bonds, learning from European markets.
- Central Bank of India contributes to India's digital payments ecosystem and operates as a leading Indian financial institution.
- Trump threatens tariffs over de-dollarization initiatives while India considers CBDCs during a BRICS summit.
- BRICS members are utilizing data from the BIS and IMF while debating internal currency integration strategies.
- The Reserve Bank of India has issued new guidelines concerning digital lending practices in India.