🇷🇺 Former Russian PM Sergey Stepashin:

BRICS is not ready for a common currency.

💱 Emphasizes increasing payments in national currencies over a unified BRICS currency.

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🌏 Challenges: India and China’s large economies complicate the creation of a shared currency.

🏦 Advocates for strengthening financial cooperation via the Eurasian and BRICS Banks.

🇮🇷 While Iran pushes for a single BRICS currency, caution is urged by Stepashin.

🇨🇳🇷🇺 China and Russia continue promoting the use of local currencies within the bloc.

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