India not pursuing shared BRICS currency, analysts say
Voice of America
FILE - Indian twenty rupee currency notes are displayed at a roadside currency exchange stall in New Delhi, May 24, 2024. India, which adopted a policy in 2023 to support using the rupee more frequently for foreign trade, is not supporting a shared BRICS currency, analysts say.
India is not pursuing the creation of a shared BRICS currency, an idea that has met with a strong verbal pushback from incoming U.S. President Donald Trump, but the South Asian giant is making efforts to promote trade in its local currency, according to analysts in New Delhi.
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Loraine Mwanza, chairperson of the Media Institute of Southern Africa (MISA), speaks at the launch of the USAID-Funded MISA Freedom of Expression Report at the Protea Hotel in Lusaka, Dec. 17, 2024. (Kathy Short for VOA)
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