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Putin Says BRICS Policy Is Inward-Focused, Denies Anti‑Dollar Push

At the Valdai forum in Sochi, he cited blocked dollar payments as the reason Russia uses national currencies.

Overview

  • President Vladimir Putin said BRICS does not set policy against other countries and focuses on its members.
  • He stated Russia is not running an anti‑dollar campaign.
  • Putin said Russia uses national currencies for settlements because it is prevented from paying in dollars.
  • The remarks were delivered on October 2 during a session of the Valdai discussion club in Sochi.
  • State news agency RIA Novosti reported the comments with direct quotations from the event.