{
  "id": 6884416,
  "title": "BRICS Keeps De-Dollarisation On A Cautious Track, Payments Take Priority Over Common Currency",
  "url": "https://urgent.news/2026/09/12/brics-keeps-de-dollarisation-on-a-cautious-track-payments-take",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-12T06:45:15.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/brics-keeps-de-dollarisation-on-a-cautious-track-payments-take-priority-over-common-currency"
  },
  "original_language": "en",
  "account": null,
  "summary": "BRICS nations are maintaining a cautious approach towards de-dollarisation, with current focus on enhancing cross-border payment systems and the use of local currencies. During the BRICS Finance Ministers' and Central Bank Governors' meeting, no reference was made to replacing the US dollar or establishing a shared currency. Instead, the grouping endorsed interoperable payment systems, local-currency settlements, and cooperative efforts based on individual national priorities. The BRICS Payment Task Force is encouraged to research practical solutions to improve the speed, cost, transparency, and safety of cross-border payments.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "Antara News Indonesia",
        "title": "Bank Indonesia promotes local currency use among BRICS nations",
        "url": "https://urgent.news/2026/09/12/bank-indonesia-promotes-local-currency-use-among-brics-nations",
        "published": "2026-09-12T04:45:12.000Z"
      },
      {
        "outlet": "The Economic Times - Economy",
        "title": "BRICS treads carefully on de-dollarisation: Main focus on payments, not a common currency",
        "url": "https://urgent.news/2026/09/12/brics-treads-carefully-on-de-dollarisation-main-focus-on-payments-not",
        "published": "2026-09-12T06:55:56.000Z"
      },
      {
        "outlet": "Times of India",
        "title": "Brics nations to have a common currency? Here’s what MEA said",
        "url": "https://urgent.news/2026/09/12/brics-nations-to-have-a-common-currency-heres-what-mea-said",
        "published": "2026-09-12T14:56:03.000Z"
      },
      {
        "outlet": "Hindustan Times",
        "title": "No proposal for common BRICS currency ‘as of now’, says MEA",
        "url": "https://urgent.news/2026/09/12/no-proposal-for-common-brics-currency-as-of-now-says-mea",
        "published": "2026-09-12T15:38:44.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}