Russia Declares No Intent to Challenge US Dollar Dominance or Third Countries

Moscow draws line in sand - no dollar confrontation planned

The Kremlin's Stance

Russian officials have definitively stated they're not launching any offensive against the US dollar's global reserve status. No covert operations targeting third nations' currencies either - just straight diplomatic talk from the world's largest country.

Geopolitical Chessboard

While other nations whisper about dedollarization behind closed doors, Russia's putting its cards face-up on the table. No hidden agendas, no economic warfare - at least not the currency kind. Makes you wonder why everyone's so obsessed with challenging the greenback when even geopolitical rivals won't touch that fight.

Another day, another country realizing it's cheaper to use the dollar than fight it - some things never change in global finance.

The Kremlin Clarifies Why It Has No Plans To Challenge USD

Per the latest Reuters report, the Kremlin clarified on Tuesday how BRICS, as an alliance, has never targeted third countries or the US dollar. This clarification has come after US President Donald TRUMP accused the bloc of challenging the US dollar. He stated that the bloc is an attack on the US dollar.

The Kremlin’s response came after Trump’s statement, with the nation stating how the alliance has no interest in attacking the USD.

The Kremlin rejected President Donald Trump’s claim that BRICS was designed to undermine the U.S. dollar, with spokesperson Dmitry Peskov stating the bloc never targeted third countries or their currencies. pic.twitter.com/mFic5QZPcY

BRICS vs. US: The Rising De-Dollarization Narratives

U.S. President Donald Trump has often accused the BRICS bloc of engaging in anti-U.S. dollar developments. President Vladimir Putin emphasized that de-dollarization was not Russia’s doing, but rather a consequence of the United States’ own actions.

JUST IN:Russian President Putin on De-dollarization

"We're taking individual steps, one after another. As regards finance, we did not drop the dollar.

The dollar is the universal currency. But it wasn't us — we were banned and barred from [using] it.

And now 95% of all… pic.twitter.com/FRVSOYsOcD

India, another prominent BRICS nation, has stated that it is not engaged in any activity aimed at promoting de-dollarization.

JUST IN:India says it's not pursuing de-dollarization policies and no decisions have been made so far on a BRICS currency.

This comes after US President-elect Trump threatened 100% tariffs on BRICS nations if they attempt to replace the dollar in international trade. pic.twitter.com/oHVH8ADxyd