DOHA (Reuters) – 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 on Saturday.
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.
(Reporting by Andrew Mills and Samia Nakhoul; Writing by Nadine Awadalla; Editing by Toby Chopra)