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Peskov says US blocked Russia from using dollar and euro as reserve currencies

Dmitry Peskov, the press secretary to the Russian president, said the United States had blocked Russia from using the dollar and euro as reserve currencies. Peskov said Moscow had subsequently begun proposing the use of national currencies in trade with various countries.

Scraper SystemSeptember 08, 2026, 01:14 PM

Peskov says US blocked Russia from using dollar and euro as reserve currencies

Dmitry Peskov said Russia had turned to national currencies instead of the dollar and euro after the United States blocked Russia from using them as reserve currencies.

The press secretary to the Russian president made the remarks at a journalists' briefing in New Delhi organized by Sputnik ahead of the BRICS summit.

Peskov argued that national currencies were no worse than the US dollar. The Russian official said Moscow had begun proposing the use of national currencies in trade with various countries.