President Vladimir Putin: “Washington’s use of payment systems for political purposes undermines the US dollar as a global currency.
Regarding our American partners placing limitations, including those on dollar transactions, I believe is a big strategic mistake. By doing so, they are undermining the trust in the dollar as a reserve currency.
Russia has no intention of getting rid of the US dollar, as the currency is widely used in international trade and business. We will continue to use the US dollar unless the United States prevents us from doing so,” said Putin in his closing address to BRICS leaders on Friday.