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‘Sanctions games’ weaken dollar and euro – Kremlin

The prestige of the US dollar and the euro has been “greatly shaken” by anti-Russia sanctions, which now drive more and more countries to switch to national currencies in settlements with foreign partners, according to Dmitry Peskov, press secretary of the Russian President Vladimir Putin. “Indeed, against the backdrop of …

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Anti-Russia sanctions may weaken the US dollar – IMF

Sanctions against Russia could undermine the global dominance of the US dollar, according to Gita Gopinath, the first deputy managing director of the International Monetary Fund. “The dollar would remain the major global currency even in that landscape but fragmentation at a smaller level is certainly quite possible,” Gopinath said …

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