Russia gradually ditching US dollar in trade with allies
PEJOURNAL - A senior Russia lawmaker says his country is gradually reducing the role of the US dollar in financial transactions with allies and commercial partners, a long-pursued measure aimed at using currencies other than the greenback to offset the impacts of American sanctions. Vyacheslav Volodin, the speaker of the Russian parliament's lower chamber, the State Duma, made the announcement on Thursday and said Russia was gradually reducing the share of the US dollar in the Russian economy and foreign exchange reserves. "For example, within the framework of the EAEU, settlements in national currencies have grown to 74%. We are…