Russian President Vladimir Putin met with representatives of his country and the mainstream media of China, Brazil, Egypt, India, the United Arab Emirates, Saudi Arabia, Ethiopia, South Africa and other BRICS countries in Moscow on the 18th local time and answered relevant questions. Putin said that the time is still not ripe to create a unified currency for the BRICS countries. Before the launch of the unified currency, the economic integration of the BRICS countries must reach a necessary high level. He also suggested that the BRICS countries use digital currencies for investment. Putin said that the proportion of Russia's trade with other countries settled in local currencies has reached 95%. Putin also said that Russia is building a clearing system similar to SWIFT with the BRICS countries. Previously, Putin said that Russia would offer BRICS partners the opportunity to use digital currencies in their investment processes.