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Russia Pushes for Sustainable BRICS Interbank Networks and Payment Systems

Moussa by Moussa
September 24, 2024
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Russia Pushes for Sustainable BRICS Interbank Networks and Payment Systems
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Russia Pushes for Sustainable BRICS Interbank Networks and Payment SystemsRussia is pushing to develop independent interbank networks and payment systems within BRICS to boost the bloc’s financial influence. Moscow aims to expand cross-border settlements and the use of national currencies in BRICS trade, as part of a strategy to reduce dependence on Western financial institutions. These efforts have gained attention during Russia’s BRICS presidency, […]



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