While Washington is “abusing” the status of the dollar as the world reserve currency, Moscow will continue to reduce its dependence on the greenback in favor of national currencies, the Russian foreign minister says.
“Against the background of the increasingly aggressive use of financial sanctions by the US Administration, Russia continues its policy aimed at gradual de-dollarization of the economy,” Sergey Lavrov told the Times of India. “Expanding settlements in national currencies is one of our priorities.”
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