普京警告，美國武器化美元犯下了大錯
The US Is Making a Big Mistake by Weaponizing the Dollar, Putin Warns
The US Is Making a Big Mistake by Weaponizing the Dollar, Putin Warns
July 27, 2018
(ZHE) — After the liquidation of its US Treasury holdings, surging gold reserves, and switching to a non-SWIFT payment system, Russian President Putin attempted to quell general concerns noting that “Russia isn’t abandoning the dollar.”
In a press conference this morning, the Russian president said his country doesn’t plan to abandon holding reserves in U.S. dollars though he said that the risk of sanctions is prompting Russia to diversify its foreign currency assets.
“Russia isn’t abandoning the dollar,” Putin said in answer to a question about the sharp decline in its holdings of U.S. Treasuries in April and May.
“We need to minimize risks, we see what’s happening with sanctions.”
“As for our American partners and the restrictions they impose involving the dollar,” he added,“I think that is a major strategic mistake because they’re undermining confidence in the dollar as a reserve currency.”
Putin did however caution that the US is making a big mistake if it hopes to use the dollar as a political weapon:
“Regarding our American partners placing limitations, including those on dollar transactions, I believe is a big strategic mistake. By doing so, they are undermining the trust in the dollar as a reserve currency”
In this vein, Putin added that many countries are discussing the creation of new reserve currencies, noting that China’s yuan is a potential reserve currency, but concluded:
“We will continue to use the US dollar unless the United States prevents us from doing so.”
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