It's better to invest in your own countries': Russian official on moving away from the dollar Alternative payment mechanisms - traditional and innovative - are already operating and being used by African partners, said Deputy Head of the Presidential Administrative Office Maxim Orshkin, in response to a question from Sputnik Africa at the Russia-Africa Media Forum. "If you're used to dollar settlements, you have to understand that maybe that's not always the case," he added, mentioning that dollar holders have lost real purchasing power to inflation in the past. Investing in the development of your country is the safer long-term path, Orshkin emphasized. Subscribe to Sputnik Africa | X.

It's better to invest in your own countries': Russian official on moving away from the dollar Alternative payment mechanisms - traditional and innovative - are already operating and being used by African partners, said Deputy Head of the Presidential Administrative Office Maxim Orshkin, in response to a question from Sputnik Africa at the Russia-Africa Media Forum. "If you're used to dollar settlements, you have to understand that maybe that's not always the case," he added, mentioning that dollar holders have lost real purchasing power to inflation in the past. Investing in the development of your country is the safer long-term path, Orshkin emphasized. Subscribe to Sputnik Africa | X.