CoinVoice has recently learned that Russian President Vladimir Putin met with representatives of mainstream media from his own country and BRICS countries including China, Brazil, Egypt, India, the United Arab Emirates, Saudi Arabia, Ethiopia, and South Africa in Moscow on the 18th local time and answered related questions.

Putin said that it is not yet time to create a unified currency for the BRICS countries. Before the unified currency is launched, the economic integration of the BRICS countries must reach a necessary high level. He also suggested that the BRICS countries use digital currencies in their investments. Putin said that currently Russia uses local currency to settle 95% of its trade with other countries.

Putin also said that Russia is working with BRICS countries to build a clearing system similar to SWIFT. Earlier, it was learned that Putin said that Russia will provide BRICS partners with the opportunity to use digital currencies in the investment process. [Original link]