St. Petersburg, July 6 The idea of creating a single currency within the BRICS deserves attention, but this is not an easy job, now the Central Bank is concentrating on the development of settlements in national currencies, said the head of the Bank of Russia Elvira Nabiullina.
«Of course, this idea deserves attention, but this project, I think, will be quite difficult to implement, like any idea of a supranational currency. It requires the consent of many parties, this is not a simple project at all. Therefore, we still we are working and concentrating our efforts on the development of bilateral settlements using the national currency, the development of the infrastructure that connects our payment systems, what businesses need today, now,» she told reporters on the sidelines of the Central Bank's Financial Congress.
The Financial Congress of the Bank of Russia is taking place on July 6-7 in St. Petersburg. acts as the general information partner of the congress. html» data-title=»Russian Permanent Representative to the SCO spoke about the priority of BRICS in foreign policy»>