Why are local currencies in the BRICS spotlight?

CGTN2 hours ago1:30

In an IGR x CGTN x RT joint broadcast, CGTN's Xu Qinduo, IGR Media's Palki Sharma and RT India's Runjhun Sharma unpack the real motive behind local currency settlements. Xu explains why BRICS is pushing local currencies – not to replace the dollar but to protect itself: "They are not trying to hurt anyone. They are simply working to protect their own interests." Palki Sharma adds: "The real win would be making cross-border payments easier and increasing financial connectivity." More to come. Stay tuned! πŸ“Ί Subscribe to our YouTube channel and stay updated with our latest analysis and interviews:πŸ‘‡ https://www.youtube.com/channel/UCgrNz-aDmcr2uuto8_DL2jg πŸ‘ˆ Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv For more: https://www.cgtn.com/video Most watched videos: Impossible Challenge: 30 seconds to count banknotes BLINDFOLDED https://www.youtube.com/watch?v=ZmP_Ybj-jws Impossible Challenge: Gymnastics Boy Arat Hosseini from Iran! https://www.youtube.com/watch?v=8sxX--U4c8w Impossible Challenge: How to calm babies in 5 seconds? https://www.youtube.com/watch?v=kR3q9sXM7WA

Why are local currencies in the BRICS spotlight? | PiQ Markets