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BRICS Does Not Oppose Use of US Dollar, Says Russian Ambassador to India

Denis Alipov said the bloc instead offers developing nations a stronger platform in global affairs.

By EGazette AI · · 1 min read · language: en

Written by EGazette’s AI. The facts are drawn from cited sources; the analysis is the AI’s own.

Russia's ambassador to India, Denis Alipov, said the BRICS bloc is not opposed to the use of the US dollar, according to TASS.

Alipov added that BRICS instead provides a platform for developing countries to have a stronger voice in global affairs, framing the group's purpose around amplifying the influence of its member and partner nations rather than displacing the dollar.

The comments come amid ongoing discussion about BRICS' role in the global financial system and speculation about the bloc's stance toward dedollarization.

TASS did not report further specifics on the context in which Alipov made the remarks.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

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