Russian Foreign Minister: the trend of "de-dollarization" is irreversible

(Russian Foreign Minister: the trend of "de-dollarization" is irreversible] Russian Foreign Minister Sergei Lavrov said that the trend of abandoning the use of US dollars for settlement in international trade to using its own currency is irreversible. The divergence from the dollar has begun, not very soon, but it will certainly accelerate. Americans use the dominance of the dollar to manage international finance and the world economy as a whole, which has seriously endangered their position. The pace of de-dollarization is accelerating as emerging economies, oil-producing countries in the Middle East and even Europe try to innovate cross-border payment settlement mechanisms, sign bilateral currency agreements and diversify foreign exchange reserves.