BRICS countries to trade in local currencies
<img width="675" height="380" src="https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2026/09/brics-currency-brics-brics-summit-new-delhi-declaration-mea-sudhakar-dalela-local-currency-e1789282575947.jpg?fit=675%2C380&ssl=1" class="webfeedsFeaturedVisual wp-post-image" alt="Shri Sudhakar Dalela, Secretary of Economic Relations in the Ministry of External Affairs, India (middle)." style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" decoding="async" srcset="https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2026/09/brics-currency-brics-brics-summit-new-delhi-declaration-mea-sudhakar-dalela-local-currency-e1789282575947.jpg?w=675&ssl=1 675w, https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2026/09/brics-currency-brics-brics-summit-new-delhi-declaration-mea-sudhakar-dalela-local-currency-e1789282575947.jpg?resize=526%2C296&ssl=1 526w" sizes="(max-width: 675px) 100vw, 675px" /><p>“Local currency settlement is a practical mechanism to reduce transaction costs, to bring bilateral trade,” he said.</p> <p>The post <a href="https://www.premiumtimesng.com/news/top-news/909148-brics-countries-to-trade-in-local-currencies.html">BRICS countries to trade in local currencies</a> appeared first on <a href="https://www.premiumtimesng.com">Premium Times Nigeria</a>.</p>