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BRICS maintains cautious stance on de-dollarisation

A joint statement following the BRICS finance ministers and central bank governors meeting in Mumbai reveals internal divergences regarding de-dollarisation.

The Business Standard ยท 12 September 2026, 1:40 PM

Following a meeting of finance ministers and central bank governors from BRICS nations in Mumbai on Friday, the group issued a joint statement that highlights internal disagreements. The formal position outlined in the document reflects the varying perspectives within the bloc, which spans four continents, particularly concerning the issue of de-dollarisation.