“It is undermining its position as the world's reserve currency.
And the volume of settlements in dollars is shrinking, and the volume of personal reserves of the world's countries in dollars is also shrinking, ”his words are quoted on the Kremlin's website.
Putin noted that the Russian side is not interested in a complete withdrawal from settlements in dollars.
The Russian leader said that Moscow is satisfied with "payments for energy resources in dollars, primarily for oil."
“But if the policy of the American authorities continues as I have already said, then we will not have to do anything, the United States will itself undermine confidence in the dollar,” Putin added.
In June, Russian Finance Minister Anton Siluanov announced the authorities' plans to abandon the American currency at the NWF.