De-dollarisation process launched, shows US was not telling truth, says Russia's foreign minister

26 Apr 2023 07:27pm
Russian Foreign Minister Sergei Lavrov - AFP pic
Russian Foreign Minister Sergei Lavrov - AFP pic
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NEW YORK - The de-dollarisation process has been started and it shows that the United States has not been truthful about it being a shared global currency that will ensure the functioning of the global economies’ mechanisms, Russian Foreign Minister Sergey Lavrov said on Tuesday.

"The process [of de-dollarisation] has been launched. The US has proven that they were not telling the truth when for many decades after Nixon's abolishment of the gold standard they claimed: ‘Well, don't worry, even without being backed by gold, this isn't our dollar. This is our shared common global currency that will ensure the functioning of all the mechanisms of the global economies,’" Lavrov said during a press briefing, reported by Sputnik. -Bernama/Spuntnik