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Message The American dollar is no longer used by the international community

Russian media and anonymous telegram channels distribute publications according to which the process of de-dollarization has allegedly begun in the world, caused by sanctions against Russia. In particular, until recently, the dollar was used in 70% of global transactions, and now only 59%. Propagandists are happy that countries are beginning to find an alternative to the dollar.

Analysts of the EUvsDisinfo project drew attention to the message. They note that propagandists return it depending on the circumstances. In particular, this message was “resurrected” on the occasion of the BRICS summit and statements on the creation of a common currency for this organization. At the same time, SWIFT data show that in July of this year, 46% of currency exchange payments through the system were made using the dollar. In addition, while the use of the Chinese yuan has increased to 3% of global international payments, the use of the euro remains at 24% and the dollar at 46%.

With this message, Russia wants to hide the failures of its sanctions-hit economy and show its “exclusivity” compared to the “collective West”. Detector Media talked about the creation and use of the term “negative growth” for a similar purpose.

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