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A new paradigm for a post-imperial world

Russia to eliminate US dollar from sovereign wealth fund

Posted by seumasach on June 4, 2021

RT

3rd June, 2021

Speaking later on Thursday, Kremlin spokesman Dmitry Peskov backed the decision, saying that “the de-dollarization process is constant. It is, in fact, now visible to the naked eye.” He added that the move away from financial dependence on Washington “is taking place not only in our country, but also in many countries around the world, which have begun to experience concerns about the reliability of the main reserve currency.”

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