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Kremlin: Russia not leaving dollar

Kremlin: Russia not leaving dollar

The spokesperson for the Kremlin, Dmitry Peskov, stated that Russia is not seeking to end dealings in dollars and remains open to all accepted payment methods, emphasizing that about 90% of transactions with BRICS countries are conducted in national currencies. He clarified that the issue of accumulating Indian rupees among Russian companies due to trade between the two nations is being resolved gradually. Peskov also mentioned that the upcoming BRICS summit in New Delhi will focus on strengthening cooperation in security, economics, finance, and culture, with particular attention to collaboration in the exploration of rare minerals. These statements come ahead of the scheduled high-level summit between Russia and India, where both sides will discuss trade developments and the ETA.

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