Sunday, December 8, 2024

Not opposed to the dollar! No plan to create a BRICS currency! India is determined! Trump is happy



No decision has been taken to launch a new currency to rival the US dollar.. There is no plan to bring in a BRICS currency,
said External Affairs Minister S Jaishankar, who went to attend the Doha Forum conference held in Qatar.US President-elect Donald Trump has warned that the BRICS member countries, which include major emerging economies like India, Russia and China, should not create a new currency or use another currency instead of the dollar. It is in this context that no decision has been taken to launch a new currency to compete with the US dollar. The BRICS countries and the US have a good relationship, even when the Trump administration first took over. We had a very strong relationship with them. There were some problems between our two sides. But there is a big conflict. It should also be remembered that the QUAD was re-launched under Trump. There is no plan to come up with a BRICS currency. We have not consulted on anything like that. There is a personal relationship between Prime Minister Modi and Trump...
India has never wanted to oppose the dollar... or give up. We have said that there is no plan to have a BRICS currency now. We have not discussed it. We discussed only BRICS financial transactions... The US is our largest trading partner and we have no interest in weakening the dollar, said External Affairs Minister S Jaishankar. Warning: Recently, US President Donald Trump has issued a stern warning to BRICS countries, including India. In his post, US President Donald Trump said that the time when America was amused by the BRICS group trying to create a separate currency is over. BRICS countries should not create any new currency. Otherwise, they should not use the existing currency of another country. They should use only the US dollar. Otherwise, they will be subject to 100% additional tax. They can abandon their decision to sell their products in the US. If they find someone else who is a fraud, let them go and do business with them. BRICS countries should not use anything other than the dollar in international trade. If you do not want the dollar, then sever your ties with the US, warned US President Donald Trump. BRICS currency: BRICS is a powerful grouping of countries including Brazil, Russia, India, China, and South Africa. This grouping of BRICS countries meets annually. It is noteworthy that they discussed the BRICS currency in detail at their last meeting.

No comments:

Post a Comment