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Republicans pledge to keep US dollar as world reserve currency

Jul 16, 2024 10:21 126

Republicans pledge to keep US dollar as world reserve currency  - 1

The Republican Party, in its platform approved Monday, promises US citizens to keep the dollar as world reserve currency.

„We pledge to maintain the US dollar as the world's reserve currency,” the document says, without specifying how this might be achieved.

Earlier, Russian President Vladimir Putin, in a meeting with heads of international news agencies, called the use of the dollar as a tool of sanctions as a big mistake of the United States and noted that they undermine confidence in that currency. According to the president, the US is killing this currency with its own hands. This encourages other countries to switch to national currencies for payments, Putin added.