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Xi to visit India for BRICS summit, first trip in 7 years
South China Morning PostLO·CN · IN · KG·about 11 hours ago
The Kremlin stated Russia is not seeking to abandon dollar transactions, signaling openness to various payment methods as BRICS national-currency trade expands ahead of the New Delhi summit. This softens prior de-dollarization rhetoric, likely aimed at reassuring markets and partners. The shift matters as it may reduce near-term pressure on dollar dominance and signal pragmatic economic diplomacy.