Russian President Vladimir Putin has threatened to trade in a currency other than the dollar if US sanctions remain in place.
According to foreign media, the Russian president said in an interview during the energy conference in Moscow that the United States is making a big mistake by imposing economic sanctions on other countries and if the sanctions on Russia continue, we have to move to another currency. There will be no choice.
He said that America was destroying the dollar itself and cutting the very branch on which it was sitting. He added that the United States was borrowing on credit and that there had never been more inflation in history than there is now.
Vladimir Putin said the situation now is that US allies have also reduced their trade in dollars.