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BRICS: India may consider proposal to use national currencies if ‘non-binding’.
Aug 28, 2024

With most BRICS countries strongly pushing for use of national currencies for trade and financial transactions within the bloc in an attempt to ‘de-dollarise’ their economies, India may consider the proposal favourably provided the decision is non-binding and it is free to choose the members with which it wants to do currency settlement with while ignoring some others such as China, sources have said.

    
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