US sanctions may lead to dollar’s demise, Russian central bank warns ...News

Economy by : (Russia Today) -
The greenback may fall victim to Washington’s sanctions, as these policies force global players to ditch the US dollar and switch to national currencies in trade, according to the Central Bank of Russia (CBR). “Active use of the sanctions regime by the US administration in recent years is something that seriously undermines the reliability of the dollar as means of savings and payments,” CBR Deputy Chairman Aleksey Zabotkint said as cited by Russian media on Wednesday. The official noted that this will result in a reduction of the use of the US currency over the years. While the US is not expected to change its sanction rhetoric, we co

Hence then, the article about us sanctions may lead to dollar s demise russian central bank warns was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( US sanctions may lead to dollar’s demise, Russian central bank warns )

Last updated :

Also on site :

Most Viewed Economy
جديد الاخبار