“If several countries, such as Russia, Iran, China, other states that are under sanctions, can agree on creating some kind of trade union and determine the currency that will be used in their transactions, and this currency will not be the dollar, then and the dollar will weaken,” said Adalatiyan.
According to him, the world should think about finding an alternative to the dollar when paying for oil, gas and other energy resources.
The economist emphasized that it will not be possible to eliminate the dominance of the dollar "overnight", since the American currency is used in the sale of "thousands of types of goods and raw materials."
Daisuke Karakama, Chief Economist of Japan's Mizuho Bank, said earlier that Russia's disconnection from the SWIFT international banking system is fraught with a weakening of the dollar's role in global finance.