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BRICS weighs linking instant payments, digital currencies across member states

The BRICS countries are in discussions about integrating their national instant payment systems and central bank digital currencies as a way to reduce the cost and improve the efficiency of…

  • BRICS nations discuss linking instant payment systems and digital currencies.
  • RBI Governor Sanjay Malhotra highlights potential cost reduction in cross-border payments.
  • Nigeria's inclusion in BRICS could benefit from expanded payment connectivity.

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