BRICS plans to experiment with local currency settlement within the framework of "BRICS payment"

[BRICS plans to test local currency settlement within the framework of "BRICS payment"] Valery Belyakov, chairman of the Russian financial services working group of the BRICS Business Council, said that the BRICS member countries plan to experiment with local currency settlement among member countries under the framework of the BRICS payment (BRICS Pay) system.