19-January-2026
Economy News
 
RBI proposes linking BRICS' digital currencies, sources say
19-Jan-2026

India's central bank has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources said, which could reduce reliance on the U.S. dollar as geopolitical tensions rise. The Reserve Bank of India (RBI) has recommended to the government that a proposal connecting the central bank digital currencies (CBDCs) be included on the agenda for the 2026 BRICS summit, the sources said. They requested anonymity because they were not authorised to speak publicly.

News Source:- https://economictimes.indiatimes.com/news/economy/policy/rbi-proposes-linking-brics-digital-currencies-sources-say/articleshow/126669427.cms