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India to push BRICS digital currency link despite hurdles, sources say

  • India is pushing to link BRICS members' central bank digital currencies for faster cross‑border payments at the New Delhi leaders' summit on Sept. 12–13.
  • The plan faces big political and technical hurdles — limited CBDC adoption, trust issues between countries (e.g., Iran–UAE, India–China) and the need for currency‑swap mechanisms.
  • India says the goal is to make trade payments easier and faster, not to replace the dollar.
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