MOSCOW, September 1 The Russian Federation does not want to «ditch» the dollar, the US itself has ceased to provide for its role, Russian Foreign Minister Sergei Lavrov said on Friday.
“We are building our line not against the United States, not against the West. The president also spoke about this — we don’t want to ruin the dollar, but the United States ceases to provide the role of the dollar, which was acceptable to everyone. That’s the problem,” he said Lavrov speaking to MGIMO students on Knowledge Day.
He noted that at the moment none of the so-called reserve currencies — neither the euro, nor the yen, nor the dollar itself are reliable.
«If I'm not mistaken, last year 76% of mutual trade and mutual settlements between the countries of the Eurasian Economic Union were already carried out not in dollars, but primarily in national and friendly currencies, and this year 90% is expected Therefore, the process of de-dollarization as an independent goal was not put forward during the creation of the EAEU, but as I said, the actions of the United States, which violated all the principles of the functioning of a market economy that had been advancing for many decades, in this situation, of course, we must protect ourselves from arbitrariness and these whims «, — the minister concluded. html» data-title=»BRICS will end dollar dominance, economist says»>