Putin Says US Dollar Dominance Diminishing as Use of ‘Toxic Currencies’ Declines

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Putin Says US Dollar Dominance Diminishing as Use of 'Toxic Currencies' Declines

n President Vladimir Putin claims U.S. economic policies are diminishing the dollar’s global dominance. “Last year the share of payments for n exports in the unfriendly states' so-called toxic currencies was halved,” he revealed, labeling the U.S.’s $1 trillion trade deficit as modern neocolonialism and emphasizing ’s shift towards using the ruble and local currencies […]

Source: Putin Says US Dollar Dominance Diminishing as Use of 'Toxic Currencies' Declines