Kremlin spokesperson Dmitry Peskov said 90% of Russia’s payments and transactions with BRICS countries are now conducted in national currencies.
Peskov said the shift was driven by Western sanctions restricting Russia’s access to the dollar, not an ideological push for de-dollarisation.
On the Saudi Arabia-Pakistan-Turkiye Mecca Pact, Peskov welcomed the potential contribution to regional security and said there was no reason for India to be concerned.