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Russia de-dollarization

Russia’s president says it is inevitable for the global economy to replace the US dollar with other currencies. It is pushing a de-dollarization strategy over the past months. The US has cut off Russia’s central bank from the dollar in its transactions, but Russia is doing well despite several rounds of sanctions on Moscow over the war in Ukraine.

Putin says Western tactics of economic blitzkrieg against Russia have failed.

Press TV interviews Fiorella Isabel, political analyst and journalist from Moscow and Ray McGovern, former CIA analyst from Raleigh to see how feasible de-dollarization is and whether it is a real chance for the world countries to get rid of dollar hegemony.

 

 


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