The process of dedollarization can no longer be stopped, Overchuk said

Russian Deputy Prime Minister Alexei Overchuk said that confidence in the dollar has been undermined and the process of de-dollarization in the world cannot be stopped.

According to him, countries are gradually abandoning the dollar and see it as an unreliable currency.

Dmitry Peskov said that Moscow acts based on its national interests and the BRICS countries are forced to look for alternative payment methods due to the use of national currencies as an instrument of political pressure.

MOSCOW, October 9 - RIA Novosti. Those who wanted to use the dollar as a weapon miscalculated, trust in the dollar has been undermined and the process of de-dollarization in the world can no longer be stopped, said Russian Deputy Prime Minister Alexei Overchuk.

“Those who made the decision to turn the system of mutual settlements and the American dollar into a weapon greatly miscalculated. They did not think about how this could develop in the future. Today we see that indeed countries are gradually abandoning the dollar, seeing it, unfortunately or fortunately, as an unreliable currency. Alternatives are being created all over the world. And this is a process that can no longer be stopped,” Overchuk said on Channel One.