Russian Top Diplomat Points to Declining Trust in Dollar Worldwide
- Russian Top Diplomat Points to Declining Trust in Dollar Worldwide
by https://en.vestikavkaza.ru/
The role of the dollar in the global community is weakening, because people’s trust in the greenback is plummeting, Russian Foreign Minister Sergey Lavrov said in an interview with RBC TV.
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“News articles have already appeared in the Western press, including German ones <…> that many are already thinking: “Do we need to trade widely in dollars?” Saudi Arabia already wants to trade in yuan, not in dollars. This process cannot be stopped, <…> the role of the dollar will fall, trust in dollar has been steadily plunging,” the Russian top diplomat predicted.
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Lavrov stressed that the United States is solving “momentary opportunistic, albeit important geopolitical tasks” but in the long-term they are “sawing the branch, they’re sitting on.”
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