Banking & Economics
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India Favors Central Bank Digital Currencies for BRICS Payments
India will push BRICS nations to expand the use of central bank-backed digital currencies for cross-border payments, while stopping short of supporting a unified payments network that.
Key Highlights
- India will push BRICS nations to expand the use of central bank-backed digital currencies for cross-border payments, while stopping short of supporting a unified payments network that could be seen as a challenge to…
- India will push BRICS nations to expand the use of central bank-backed digital currencies for cross-border payments, while stopping short of supporting a unified payments network that could be seen as a challenge to the dollar, according to people familiar with the matter.
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Reported by Anup Roy and Sudhi Ranjan Sen · Syndicated via official news feed
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