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Payments in national currencies to lower BRICS dependence on dollar — Iranian leader

"A nation under sanctions must focus more on its internal capabilities and utilize them for its objectives," Ayatollah Ali Khamenei stressed

DUBAI, January 22. /TASS/. Increase in the share of national currencies in mutual transactions among BRICS nations will reduce reliance on the US dollar, Iran's supreme leader Ayatollah Ali Khamenei stated.

"One of our challenges is the reliance on the dollar. The financial framework of BRICS and transactions between BRICS nations in local currencies will undoubtedly help address this issue," Khamenei said, according to his press service. "A nation under sanctions must focus more on its internal capabilities and utilize them for its objectives," the Iranian leader added.

Transactions in national currencies among BRICS countries account for 65%, Russian Foreign Minister Sergey Lavrov mentioned last November.

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