The Reserve ‌Bank of India (RBI) has recommended to the government that a proposal connecting the central bank digital currencies (CBDCs) be included ​on the agenda for the 2026 BRICS summit, the sources said. If the recommendation is accepted, a proposal to link the digital currencies of BRICS members would be put forward for the first time. The BRICS organisation includes Brazil, Russia, India, China and South Africa, among others. While none of the BRICS members have fully launched their digital currencies, all five main members have ‌been running pilot projects. For the BRICS digital currency linkages to be successful, elements like interoperable technology, governance rules and ways to settle imbalanced trade volumes would be among the discussion topics, one of the sources said.

Source: The Hindu January 19, 2026 13:55 UTC