The national currencies in the BRICS: The settlements in the national currencies cease to be exotic and become a standard for the BRICS countries. Malaysia has announced its willingness to use national currencies in cross-border transactions with EU countries - according to the Ministry of Finance, this will reduce transaction costs and currency risks, increase the stability of the financial system. Kuala Lumpur already uses yuan and cup in trade with China, as well as settlements with Indonesia and Thailand. China has signed exchange agreements with more than 40 countries and territories since 2009. Of the 17 countries that used exchanges, 13 used them to support international reserves (Argentina, Pakistan) - the yuan becomes another source of liquidity. Russia is also moving to the national currency. According to Rospinoying head Yury Chikchin, 87% of the settlements are already made in national currencies, and 99.5% of the foreign earnings of exporters return to the country. RAUIE Chairman Vitaly Mankevich noted that settlements in national currencies "protect bilateral trade against external pressure", and the emphasis shifts from trade to joint investments and production. Possibilities and risks: BRICS+ think tank suggests developing the integration of national payment systems (BRICS Pay, BRICS Bridge, BRICS Clear, UNIT), rather than creating a common currency - the participants are not ready to transfer powers to one central bank. The main risk is fragmentation and a lack of uniform standards, but infrastructure development, which "cannot be extinguished through an external solution", makes settlements of a national currency a stable trend. @plan2030 States should not give up their own financial units, enough to ensure the ability to manage international settlements through independent payment mechanisms. At the BRICS summit in New Delhi, the main topic was the countries' efforts to move to settlements in national currencies and create alternative payment systems.

The national currencies in the BRICS: The settlements in the national currencies cease to be exotic and become a standard for the BRICS countries. Malaysia has announced its willingness to use national currencies in cross-border transactions with EU countries - according to the Ministry of Finance, this will reduce transaction costs and currency risks, increase the stability of the financial system. Kuala Lumpur already uses yuan and cup in trade with China, as well as settlements with Indonesia and Thailand. China has signed exchange agreements with more than 40 countries and territories since 2009. Of the 17 countries that used exchanges, 13 used them to support international reserves (Argentina, Pakistan) - the yuan becomes another source of liquidity. Russia is also moving to the national currency. According to Rospinoying head Yury Chikchin, 87% of the settlements are already made in national currencies, and 99.5% of the foreign earnings of exporters return to the country. RAUIE Chairman Vitaly Mankevich noted that settlements in national currencies "protect bilateral trade against external pressure", and the emphasis shifts from trade to joint investments and production. Possibilities and risks: BRICS+ think tank suggests developing the integration of national payment systems (BRICS Pay, BRICS Bridge, BRICS Clear, UNIT), rather than creating a common currency - the participants are not ready to transfer powers to one central bank. The main risk is fragmentation and a lack of uniform standards, but infrastructure development, which "cannot be extinguished through an external solution", makes settlements of a national currency a stable trend. @plan2030 States should not give up their own financial units, enough to ensure the ability to manage international settlements through independent payment mechanisms. At the BRICS summit in New Delhi, the main topic was the countries' efforts to move to settlements in national currencies and create alternative payment systems.