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DOHA: BRICS countries have no interest in weakening the U.S. dollar at all, India’s foreign minister Subrahmanyam Jaishankar said at an event in Qatar’s capital Doha Saturday.
Trump warns BRICS nations against replacing US dollar
His remarks came a week after U.S. President-elect Donald Trump had demanded that BRICS member countries, which include major emerging economies like India, Russia and China, commit to not creating a new currency or supporting another currency that would replace the dollar, or face 100% tariffs.