"We are not considering any single currency now. We are talking about creating an alternative financial settlement and payment system where national currencies would be used, where digital financial assets and digital currencies of the countries of our association would be used. By the way, many central banks are already issuing their own digital currencies. But the ... issue of calculations is just our task," Siluanov noted.
"In addition to the settlement payment infrastructure, we have been working on the creation of the depository system of the BRICS countries. That is what it is called: BRICS-Clear... We want to create a securities accounting system within our community, similar to those that exist in Western countries, but which have become limited in possible use for Russia and for a number of other countries," Siluanov said.