Why Indian businesses are wary of BRICS’ push for a shared currency - opinion

Indian businesses remain cautious about BRICS’ shared currency plans, citing risks to global trade ties, reliance on the US dollar, and concerns over China’s influence within the bloc.

RAHUL GANDHI (right), a senior leader of India’s main opposition Congress party, attends the funeral procession of former prime minister Manmohan Singh in New Delhi, last week.

(photo credit: Priyanshu Singh/Reuters)

ByHRIDAY SARMA

JANUARY 2, 2025 03:23

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Why Indian businesses are wary of BRICS’ push for a shared currency - opinion

Indian businesses remain cautious about BRICS’ shared currency plans, citing risks to global trade ties, reliance on the US dollar, and concerns over China’s influence within the bloc.

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Why Indian businesses are wary of BRICS’ push for a shared currency - opinion

Indian businesses remain cautious about BRICS’ shared currency plans, citing risks to global trade ties, reliance on the US dollar, and concerns over China’s influence within the bloc.

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