India as BRICS Chair May Push National Currency Trade: Russian Analyst

India as BRICS Chair May Push National Currency Trade: Russian Analyst

Published : Dec 05, 2025, 12:04 PM IST

India could play a key role in expanding national currency-based trade under its BRICS presidency in 2026, says Russian expert Yaroslav Lissovolik. He believes the focus should shift from a unified BRICS currency to boosting bilateral settlements, with the New Development Bank helping accelerate non-dollar trade channels among member nations.