At the Eastern Economic Forum, Putin said Russia and BRICS nations use national currencies for 65% of trade due to US sanctions.

Russian President Vladimir Putin stated that Russia is not responsible for the decreasing use of the US dollar in global trade, attributing the trend to US government actions, particularly sanctions following the Ukraine conflict. Speaking at the Eastern Economic Forum in Vladivostok, he noted that Russia and BRICS nations now use national currencies for 65% of their trade settlements, a shift driven by the US's restrictive measures against Russia.

September 05, 2024
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