Russian officials believe it is too early for BRICS countries to adopt a unified currency

ChainCatcher news, Russian Deputy Foreign Minister Sergey Ryabkov stated that it is still too early to discuss a unified currency due to the differences in financial regulation among BRICS member countries.

Instead, the focus remains on strengthening financial sovereignty and exploring trade in local currencies. Ryabkov emphasized that BRICS countries are working to enhance their economic independence, and authorities are actively committed to establishing interconnected financial markets.