Sanctions taken by the US and its allies against Moscow made many nations less willing to hold on to the dollar. Dollar share of global currency reserves: - 66% in 2003 - 55% in 2021 - 47% in 2022 -> 8% drop in one year is unprecedented!
“As for the process in Ukraine, we are grateful to our Brazilian friends for their excellent understanding of this situation’s genesis. We are grateful (to them) for striving to contribute to finding ways to settle it,” Lavrov said,