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US warns Russia and China over dollar alternative
The greenback will remain the world’s reserve currency, Treasury Secretary Janet Yellen has predicted Russia and China will face substantial difficulty in their efforts to create an alternative to the US dollar in international trade, American Treasury Secretary Janet Yellen claimed on Thursday.  Russia is conducting a rapid withdrawal from transactions in “unfriendly” currencies, against the backdrop of expanding EU and US sanctions. Moscow has been shifting towards the ruble and local currencies in settlements with major trade partners such as China and India. “I certainly want to see the dollar remain as the wo

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