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Western currencies losing grip on Russia deputy economy minister

The dollar and the euro have lost their dominance in settlements following a US-led sanctions policy, a deputy economy minister has told RT

The share of the US dollar and euro in Russia’s settlements slumped from 90% in early 2022 to less than 50% by the end of the year and will keep falling, Russian Deputy Minister of Economic Development Vladimir Ilyichev told RT on Friday.

The US dollar