Kremlin spokesman Dmitry Peskov announced on September 8 that 90% of Russia’s trade settlements with BRICS countries are now conducted in national currencies.
“90% of all payments and transactions with the BRICS nations are made in national currencies. This is very important,” Peskov stated at a briefing ahead of the BRICS summit in New Delhi.
Peskov clarified that while the BRICS nations do not intend to completely abandon the dollar, they are actively exploring alternative financial transaction methods.
Russia’s BRICS Trade Shifts to National Currencies at 90% Mark
