India Pushes BRICS To Settle $100 Billion in Rupees
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最新报道：The Reserve Bank of India has authorized direct rupee settlements with BRICS and other nations via special Vostro accounts, enabling foreign businesses to purchase Indian goods in INR without prior approval, subject to KYC norms. With 85% of India’s cross-border trade currently dollar-settled, shifting 10–15% to rupees could bring $100 billion in annual flows, strengthening the rupee’s global role. Experts urge India to align with BRICS to promote a multi-currency trade system and reduce dollar dependency.
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