local currency trade - Wander City

‘Not part of financial agenda’: India reaffirms stance on de-dollarisation in Brics; focuses on local currency trade | India News – Times of India

alishpagda08@gmail.com3 weeks ago04 mins

MEA spokesperson Randhir Jaiswal NEW DELHI: India on Thursday dismissed claims that it is pursuing de-dollarisation within Brics, saying such a move is “not part of India’s financial agenda.”“We have made our position very clear on this issue earlier as well. De-dollarisation is not part of India’s financial agenda,” MEA spokesperson Randhir Jaiswal said at…

BRICS summit in Rio: Bloc may push trade in local currencies, countries differ on common currency; India says discussions still at ‘early stage’ – Times of India

alishpagda08@gmail.com2 months ago06 mins

Ahead of the July 6–7 BRICS summit in Rio de Janeiro, senior diplomats from leading member nations said the grouping is likely to intensify efforts toward settling trade in national currencies, even as they ruled out any imminent move toward a unified BRICS currency.At a conference co-hosted by the Embassy of Brazil and Centre for…