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De-dollarization of Global Economy Underway, Kremlin Says
De-dollarization of Global Economy Underway, Kremlin Says
Sputnik India
The process of de-dollarization of the global economy is ongoing, and many countries are on a trajectory towards the use of national currencies, Kremlin spokesman Dmitry Peskov said on Thursday.
2023-08-03T15:44+0530
2023-08-03T15:44+0530
2023-08-03T16:56+0530
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The process of de-dollarization of the global economy is ongoing, and many countries are on a trajectory towards the use of national currencies, Kremlin spokesman Dmitry Peskov said on Thursday.At the same time, Kremlin spokesman added that the introduction of national currencies of integration structures are unlikely to happen in the near future.BRICS Enlargement Will Be Discussed at Upcoming SummitAt the same time, Peskov noticed that the enlargement of BRICS would be discussed at the upcoming summit in South Africa.
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the process of de-dollarization of the global economy is ongoing, what does de-dollarization mean, what is the de-dollarization process, is india de-dollarization, what are the effects of de-dollarization, what is the main purpose of brics, what are the 7 countries in brics, which country is strongest in brics, kremlin, russia-ukraine war latest, russia latest
De-dollarization of Global Economy Underway, Kremlin Says
15:44 03.08.2023 (Updated: 16:56 03.08.2023) Several countries, including India, Russia etc., have made trading in national currencies one of its focus areas, after the US had used dollar as a political tool against Russia.
The process of
de-dollarization of the
global economy is ongoing, and many countries are on a trajectory towards the use of national currencies,
Kremlin spokesman
Dmitry Peskov said on Thursday.
"The process of de-dollarization of the world economy is constant, many countries are gravitating towards the trajectory towards the use of national currencies for mutual settlements, and expert discussions are also naturally underway on the possibility, expediency and feasibility of plans to introduce a national currency," Peskov told reporters.
At the same time, Kremlin spokesman added that the introduction of national currencies of integration structures are unlikely to happen in the near future.
BRICS Enlargement Will Be Discussed at Upcoming Summit
At the same time, Peskov noticed that the enlargement of
BRICS would be discussed at the
upcoming summit in
South Africa.
"We believe that in one form or another, the expansion of the BRICS will contribute to the further development and strengthening of this organization. The form, the extent [of the expansion] - this is exactly what we will discuss during the upcoming summit," Peskov told reporters.