Western financial policies are driving countries away from the dollar
reported by Mehr Reporter quoted by Rashatudi, Huang Yonsong, university professor Sichuan China believes that countries are moving away from the dollar because the use of this currency as a tool to usurp and disrupt economic relations day by day in It is increasing.
During a speech at the Eastern Economic Forum of Russia in Vladivostok, he said: Following the imposition of unprecedented sanctions against Russia And because of the military conflict with Ukraine by the United States and other Western countries, the process of using national currencies in commercial transactions is on the rise. After Russia’s access to the financial system of the West was blocked, this country moved towards alternative financial instruments, and its foreign partners also followed this process . /p>
According to Huang, the countries of the world are now looking to diversify their currency portfolio and this action is due to 3 The agent is on their agenda, which includes: the actions of the International Monetary Fund, which he believes have negatively affected the economies of the countries, the actions of the US government, and changes becomes widespread in global economic policies.
This professor of Sichuan University said: America usually uses the dependence of countries on the dollar in commercial and financial transactions. When taking action against countries, the economic relations of all of them will be negatively affected.
