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Russia not rejecting dollar use — Putin

Russia is not struggling with the US currency but is thinking of creating new instruments in response to new trends of global economic development, he added

SOCHI, November 7. /TASS/. Russia has not sought after and does not seek after rejecting the dollar use, President Vladimir Putin said at the plenary session of the Valdai Discussion Club.

"We - Russia in any case - do not reject the dollar and do not intend to do this. We were merely denied of using the dollar as the payment instrument," Putin said. "In my opinion, this is very foolish from the side of US financial authorities because the entire power of the US to date rests on that, on the dollar," he noted.

Russia is not struggling with the US currency but is thinking of creating new instruments in response to new trends of global economic development, he added.

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