{
Clearstream Banking SA

Companies

}

Russia proposes BRICS clearing system to enhance financial cooperation without the West

Russia is advocating for a unified depository and clearance system among BRICS nations to enhance financial cooperation independent of Western influence. The proposal, presented at the summit in Kazan, aims to create a BRICS Clear framework to facilitate seamless cross-border securities transactions, serving as an alternative to existing systems like Euroclear and Clearstream.
bloomberg.com
United States Dollar Russian Ruble Euroclear N.V. Clearstream Banking SA RUS
Finance & Economy, Market Report
14:42 24.10.2024
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