US dollar to lose global dominance – Putin ...News

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US dollar to lose global dominance – Putin
The Russian president says Moscow will cooperate with its partners to develop a safe system for international settlements The US and other Western currencies will inevitably lose their leading position in global cross-border transactions, Russian President Vladimir Putin said on Tuesday. Delivering his annual address to the Federal Assembly, the head of state said that Moscow would cooperate with its allies to build a secure system of international settlements that are not dependent on the dollar or the euro. According to Putin, the current policies of Western states are causing the US dollar and the euro to lose

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