The Kremlin on Friday brushed off a repeat threat by U.S. President Donald Trump to impose tariffs on the BRICS grouping of countries if it created its own currency, saying there was no such plan.

Kremlin spokesman Dmitry Peskov said, according to a Jan. 31 report by Reuters. “The point is that BRICS is not talking about creating a common currency, nor has it ever done so,” Peskov stated.

Countries like Malaysia and Thailand have expressed interest in joining BRICS, seen as a counterweight to the West, in recent ...

President Donald Trump has threatened BRICS countries, warning them against replacing the U.S. dollar as a reserve currency ...

The BRICS countries are not discussing the creation of a common currency, Kremlin spokesman Dmitry Peskov said on Friday. "There are no talks about establishing a common BRICS currency.

BRICS is not discussing the creation of a common currency, Kremlin Spokesman Dmitry Peskov said, adding that the association is discussing the formation of common investment platforms. When commenting ...

But Kremlin spokesperson Dmitry Peskov said BRICS, of which Russia is a member, was not talking about setting up its own currency, but merely about creating joint investment platforms.

Saudi Arabia’s hosting of top American and Russian officials for a high-stakes rapprochement meeting underlines the kingdom’s ...