BRICS have no interest in weakening USD, Indian foreign minister says

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)

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