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  3. Brics keeps de-dollarisation push alive despite no common currency plan: analysts

South China Morning Post

Brics keeps de-dollarisation push alive despite no common currency plan: analysts

With the 11-nation Brics grouping pledging to boost cross-border payment links but making no move towards establishing a common currency, analysts said the vow marked a shift towards a more pragmatic de-dollarisation strategy rather than a retreat from the effort. A 45-page leaders’ declaration issued on Saturday at the Brics summit in New Delhi said the group’s Payment Task Force would continue working to facilitate “fast, low-cost, more accessible, efficient, transparent and safe” cross-border

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Read full article at South China Morning Post
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By South China Morning Post

14 September 2026|1 min read
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Brics keeps de-dollarisation push alive despite no common currency plan: analysts
Brics keeps de-dollarisation push alive despite no common currency plan: analysts
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