Russia does not seek 'de-dollarisation', open to payment methods, Kremlin says
Peskov said 90% of Russia’s transactions with BRICS nations use national currencies as Moscow works to resolve excess rupee holdings.
- Russia does not seek to move away from using the US dollar and is open to all acceptable payment methods, according to Kremlin spokesperson Dmitry Peskov.
- Russia criticized a proposed US plan to impose 100% tariffs on countries buying Russian crude oil, calling it illegal and unacceptable.
- Russian President Vladimir Putin will meet Indian Prime Minister Narendra Modi during the BRICS summit to discuss the Ukraine conflict, international developments, and various partnerships including energy, finance, and space.
- Russia and India continue strong cooperation in nuclear power, with ongoing work on the Kudankulam nuclear power project and plans to negotiate a new nuclear power plant in India to support increased nuclear capacity by 2047.
15 Articles
15 Articles
Kremlin calls US tariffs on Russian oil buyers ‘illegal, unacceptable’; confirms Putin-Modi meeting at BRICS
Kremlin spokesperson Peskov said the upcoming summit as the “crown” of India's BRICS chairship and said Moscow had no doubt the gathering would be successful. He also spoke on settling trade in "every acceptable method of payment," nuclear cooperation, and India-Russia cultural ties.
Kremlin Embraces Diverse Payment Methods Amid Global Currency Shifts
Kremlin spokesperson Dmitry Peskov clarified that Russia is not pursuing 'de-dollarisation' and is open to various payment methods. He commented on some nations using their currencies politically, without identifying any country, ahead of the BRICS summit in New Delhi.
President Dmitry Peskov's spokesperson stated that Russia does not seek de-dollarization, but is forced to switch to rubles due to Western sanctions pressure. The Russian authorities do not intend to abandon the use of the United States currency, and transmits TASS. The Press Secretary of President Dmitry Peskov at a briefing for Indian journalists in the run-up to the BRICS summit in New Delhi explained Moscow's position on the issue of interna…
About 90% of Russia's trade with the BRICS countries is carried out in national currencies, Kremlin spokesman Dmitry Peskov told Indian media on the eve of the grouping's summit in Delhi, BTA reports. According to him, Moscow does not set itself the goal of de-dollarization of international trade and remains open to different payment methods. "We do not pursue the goal of de-dollarization. On the contrary, we are open to any possible payment me…
Russia does not seek 'de-dollarisation', open to payment methods, Kremlin says
Russia does not seek "de-dollarisation" and is open to every acceptable method of payment, Kremlin spokesperson Dmitry Peskov said on Tuesday, in a virtual interaction with Indian reporters, days before the BRICS leaders' summit in New Delhi.
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