19 Jan 2026 | 5 Mins Read
RBI proposes digital currency link with BRICS
Flipitmoney
The Reserve Bank of India proposed linking central bank digital currencies (CBDCs) of BRICS countries to facilitate cross-border trade and tourism payments, making it easier to reduce reliance on the U.S. dollar. The proposal, if accepted, would be the first time BRICS members' digital currencies are linked, and could be discussed at the 2026 BRICS summit in India.