Russian President Vladimir Putin played host at this year's BRICS summit.Stanislav Krasilnikov /Photohost Ag/Anadolu/Getty ImagesRussian President Vladimir Putin tempered expectations on de-dollarization at BRICS's summit.Putin said BRICS was aiming to use local currencies, not to create a SWIFT alternative.BRICS countries are expected to drive global economic growth but face challenges in reducing dollar reliance.Russian President Vladimir Putin appears to be tempering expectations on his de-dollarization drive.Putin has made it clear he's keen to develop alternatives to the US-dollar-denominated order.