India's central bank governor, Shaktikanta Das, has stated that no decision has been made regarding the proposed BRICS common currency aimed at reducing reliance on the US dollar.

Das confirmed during a post-policy briefing that the idea was discussed among member nations but remains in the preliminary stages without any formal agreement.

Das also highlighted the importance of considering the geographical diversity of BRICS countries, contrasting it with the eurozone, which benefits from geographical contiguity.

This statement comes amid ongoing discussions about the potential for a unified currency within the BRICS bloc, which includes Brazil, Russia, India, China, and South Africa.