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India Favors Bilateral CBDC Payments Over a Unified BRICS Payment System

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India supports linking BRICS central bank digital currencies for cross-border payments but is unlikely to back a single payment network for the bloc.

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India Favors Bilateral CBDC Payments Over a Unified BRICS Payment System

India supports linking BRICS central bank digital currencies for cross-border payments but is unlikely to back a single payment network for the bloc.

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