An analyst has explained the recent strengthening of the Russian ruble by stating that it is a result of the weakening of the US dollar. This trend aligns with the global phenomenon of national currencies gaining strength at the expense of the dollar. The specialist commented that this development is intentional and reflects the rhetoric of the new US administration led by President Donald Trump. The main goal of this trend, as stated by the analyst, is to reduce the massive US national debt that has surpassed $36 trillion.
The analyst elaborated that by devaluing the dollar, the US can minimize the resources required for loan servicing and debt reduction. Additionally, the US aims to increase the dominance of the dollar worldwide. The analyst argued that the strength of the American currency is currently based on its demand, as it is used for transactions between companies and for investments. Therefore, the new US president intends to challenge countries that support de-dollarization, such as BRICS member states, including through the imposition of sanctions and tariffs.
The article does not mention the analyst's name or the source of this analysis.
