16h05 ▪
4
min read ▪ by
Luc Jose A.

At a time when global economic tensions are redefining financial and political alliances, the question of the role of the US dollar and potential alternatives takes center stage. At the Valdai forum in Sochi, Vladimir Putin clarified Russia’s position on the use of the dollar, in response to US sanctions restricting its access to this currency. This statement is made in a global context where several nations, particularly within the BRICS, are exploring alternatives to the monetary dominance of the United States. Analyzing this Russian strategy, which mixes pragmatism and exploration of new economic options, helps to better understand current issues and the prospects for a new international financial equilibrium.