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RBI proposes linking BRICS’ digital currencies

Hindustan Times Pune

|

January 20, 2026

The Reserve Bank of India (RBI) 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 US dollar as geopolitical tensions rise.

- Reuters

RBI proposes linking BRICS’ digital currencies

The move aims to ease trade and tourism payments.

(REUTERS)

The central bank 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.

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