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

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


Bitcoin.com
2024-06-12 00:33:32

Russian President Vladimir Putin claims U.S. economic policies are diminishing the dollar’s global dominance. “Last year the share of payments for Russian 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 Russia’s shift towards using the ruble and local currencies


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