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Russia not attempting to 'defeat dollar' — Kremlin

Russia is not doing anything against the dollar but it is standing for its interests, Dmitry Peskov noted

MOSCOW, November 6. /TASS/. The dollar is one of global currencies and Russia is not attempting to gain a victory over it, Kremlin Spokesman Dmitry Peskov said.

"We are not attempting to defeat the dollar and it is not needed to attempt to have the victory over it. The dollar is one of world’s currencies. This is the currency of one of the largest global economies. I regret saying this world’s economy, probably made a mistake at its folly and started weaponizing the dollar. This is their mistake. They simply did not understand consequences," Peskov said.

Russia is not doing anything against the dollar but it is standing for its interests, he noted. "We are not doing it against the dollar, we do it for ourselves, for our partners. And therefore we have already achieved the use [of national currencies] with the whole range of countries, and we make the lion’s share of our mutual settlements in local currencies, in national currencies," the Kremlin Spokesman added.