Iran is open to the idea of creating a unified currency for the BRICS alliance, provided all member countries agree, according to a statement by the country’s government spokesperson, Fatemeh Mohajerani.

"If BRICS member-countries come to a consensus to use a single and unified currency, we are all for it. We will proceed from national interests," she said at a weekly briefing, The Caspian Post reports, citing TASS.

US President Donald Trump earlier threatened to impose 100% tariffs on goods from BRICS countries in the event that they create a new currency or reject the dollar. Kremlin Spokesman Dmitry Peskov clarified that BRICS is not currently discussing a unified currency for the alliance, focusing instead on establishing common investment platforms in third countries.