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The dollar as a currency of settlement was in doubt!



The decline in predictability of U.S. policy and Washington's introduction of "unreasonable restrictive measures" cast doubt on the reliability and convenience of using the dollar in mutual settlements, said Deputy Foreign Minister of Russia Alexander Pankin.

According to him, the trend to reduce the use of the dollar in mutual settlements on trade operations was an objective response to the geopolitical reality.

"It is logical that under such conditions, countries and companies are forced to take measures designed to minimize economic losses and risks during transactions, and are interested in the development of alternative mechanisms of mutual settlements," Pankin said.

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