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Russia and BRICS countries have reached 90% settlements in national currencies, Peskov says

Source: Известия | Original Published At: 2026-09-08 08:48:40 UTC

Key Points

  • Kremlin spokesman Dmitry Peskov said 90% of all payments and transactions between Russia and BRICS countries are conducted in national currencies.
  • Peskov made the remarks ahead of the BRICS summit in New Delhi.
  • He said BRICS members are not pursuing a goal of completely abandoning the use of the dollar.
  • BRICS countries are searching for alternative ways to conduct financial operations, according to Peskov.
  • Russian Foreign Minister Sergey Lavrov said Russia does not oppose the use of the dollar in international settlements but will not accept unfavorable trade terms if the dollar cannot be used.
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