Russia never wanted to turn away from the US dollar but American policies have forced it, as well as many other countries, to do so, President Vladimir Putin told participants of the Russian Energy Week forum on Wednesday.
The US’ attempts to weaponize its national currency and use dollar settlements as an instrument of political pressure is a great mistake, according to the Russian president. He explained that Washington’s actions have already forced many countries, including US allies, to reconsider the greenback as a reserve currency, while dollar settlements have already slid from 50 percent to 45 percent.
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