
The IMF wants to know more about a cross-border payments system discussed by the BRICS group of countries this week and aimed at boosting non-dollar transactions, the Fund's managing director said Thursday.
The meeting of the BRICS -- meaning Brazil, Russia, India, China and South Africa -- took place in the Russian city of Kazan at the same time as the annual meetings of the International Monetary Fund (IMF) and the World Bank in Washington.