Russian Finance Ministry news and trends

Russia Calls on BRICS Countries to ‘Ring Fence’ New Cross-Border Payments Network

October 11, 2024
Bank of Russia
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Russia Calls on BRICS Countries to ‘Ring Fence’ New Cross-Border Payments Network

October 11, 2024
Russia reportedly aims to create a new system for cross-border payments between BRICS countries. A report that includes this plan was published ahead of an annual BRICS summit that will be held Oct. 22-24, Bloomberg reported Friday (Oct. 11). BRICS includes as members Brazil, Russia, India, China and South Africa, as well as newer members […]