News archive on the topic "Abandonment of the dollar"

The dollar itself is leaving us - Putin

Russia is forced to abandon the dollar in mutual settlements with other countries, while an analogue of the international interbank SWIFT system is being developed with the country’s largest economic partners, and transactions are already taking place in rubles. Russian President Vladimir Putin stated this while speaking at the VTB Capital forum. “We have no goal of moving away from the dollar - the dollar is leaving us. AND…

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Russia continues to abandon the dollar

Russia and Syria refuse to use American currency in mutual settlements. Senator of the Federation Council of the Russian Federation Olga Kovitidi, who visited the Arab Republic as part of an official delegation, reported this in a commentary to PolitNavigator. According to her, today the active use of the dollar threatens the national sovereignty of both countries, which is why it was decided to abandon it. “We have even reached this stage of discussion...

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Russia is moving towards abandoning the dollar

The most effective Russian counter-sanction against the United States could be a refusal to circulate cash dollars. Political scientist Timofey Sergeytsev said this today on the Vesti FM radio station. “We need to go beyond sanctions against companies. It is possible to declare a cash dollar released into uncontrolled circulation outlawed. Demand, for example, when accepting it, an explanation of the origin of everything that is more than 100 dollars.…

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