EconomyBRICS+ payments system feasible, common currency faces hurdles, report says

BRICS+ countries should move forward with a shared cross-border payments mechanism to lessen reliance on the US dollar, while a common currency would encounter major economic and institutional barriers, a think tank report said Friday.

BRICS+cross-border paymentscommon currencyUS dollar

RReuters★★☆☆☆2026-10-30 16:30Original