Bank of Russia discusses results of first six months of Russian presidency in BRICS financial track

The countries' representatives also exchanged their opinions on the draft joint communiqué of the finance ministers and central bank governors to be adopted in October.

The Bank of Russia informed its partners about the progress in the priority areas of the central banks' cooperation in 2024 and the events planned for the near future. In particular, the first cross-border cyber trainings of the central banks will take place in August-September, and the fifth economic bulletin - BRICS Economies in a High Interest Rate Environment - is scheduled to be published in October-November. High-level events will discuss the use of artificial intelligence in the financial market and social aspects of sustainable development. The Bank of Russia noted that the central banks of the new BRICS member states were fully involved in the financial track.

The next meeting of the BRICS deputy finance ministers and central bank governors will be held in Moscow in October.