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Russia facing challenging situation "but good has come out of evil," says Kremlin

Kremlin Spokesman Dmitry Peskov also noted that the role of reserve currencies was inevitably weakening

MOSCOW, June 14. /TASS/. Russia is currently facing a challenging situation, though it is pushing the country to searching for new ways of cooperating with friendly countries, Kremlin Spokesman Dmitry Peskov said in an interview with TASS prior to the St. Petersburg International Economic Forum (SPIEF).

"The situation is not easy, more likely it can be characterized as difficult in terms of this unprecedented economic war [due to sanctions imposed by western states against Moscow]. But good has come out of evil. This situation is pushing us and friendly countries to searching for new ways of cooperation, new mechanisms of cooperation, new mechanisms of financial settlement payments," he said.

"The role of reserve currencies, the role of the dollar, the role of the euro is inevitably weakening, legal, financial systems are losing credibility among many countries," Peskov explained.

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"There will always be an answer," the president said

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Japanese government refrains from commenting on Russia’s latest hypersonic missile

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Russia to hold informal UN Security Council meeting on unilateral restrictions

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Diplomat mocks US Senator for talking about invading Netherlands

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West launched missiles targeting Russia’s Bryansk, Kursk Regions — Putin

Russian air defenses repulsed all attacks, the Russian president said

Russia’s Oreshnik has no analogues worldwide — Putin

"We know what kind of developments are being carried out there, but this will happen tomorrow or in a year or two, but we have such a system already today," the president said