S Jaishankar: "I Don't Think There's Any Policy On Our Part To Replace The Dollar..."

EAM Dr S Jaishankar said, "I don't think there's any policy on our part to replace the dollar. As I said, at the end of the day, the dollar as the reserve currency is the source of international economic stability, and right now, what we want in the world is more economic stability, not less... I would also say I don't think there's a unified BRICS position on this. I think BRICS members, and now that we have more members, have very diverse positions on this matter... We believe today that working with the United States and strengthening the international financial and economic systems should be the priority... I think that both the strategic assessment and our sense of what is required today by the international economy will really guide our thinking on this matter."