Russia, China, and India Reach 90% De-Dollarization by 2025

Jakarta, Pintu News – By 2025, three major countries – Russia, China and India – will have achieved 90% to 95% de-dollarization. This move changes the dynamics of global trade, especially as China and India are major economic powers in Asia. This success puts significant pressure on the US dollar, which is starting to lose its trust in the international market.

De-Dollarization: Strategic Steps of the Big Three

Russian Deputy Prime Minister Alexander Novak confirmed his country’s success in the de-dollarization process. In an interview with TV channel Solovyov Live, Novak revealed that Russia has shifted 90%-95% of its trade transactions with China and India to national currencies. “The market itself has met the need for settlements in national currencies,” Novak said. He added that the de-dollarization process will continue and this will put further pressure on the US dollar.

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Global Implications of Reducing US Dollar Usage

Russia’s use of local currencies in trade with China and India has a significant impact on the de-dollarization agenda. The flow of US dollars in the global market is reduced, which can lead to a deficit in the United States. This changes the shape of global trade, distancing the US dollar from major trade deals.

Not just Russia, China, and India, but many other developing countries are also interested in de-dollarization initiatives. They believe that the US dollar has been used as a political tool, and the best way to protect their economies is to use local currencies for trade.

Towards a Multipolar World with Local Currencies

With the increasing use of local currencies, the world is moving towards a multipolar structure in the global economy. Developing countries see this as an opportunity to strengthen their economies and reduce dependence on the US dollar.

The use of local currencies not only reduces the dominance of the US dollar but also helps these countries in controlling their economic policies more independently. This is a strategic move that demonstrates the shift in global economic power from West to East.

Conclusion

The achievement of de-dollarization by Russia, China and India by 2025 is a turning point in modern economic history. This move not only reduces the dominance of the US dollar but also marks a new era in the global economic balance of power. By continuing to encourage the use of local currencies, these three countries are setting a new standard in international transactions that other countries may follow in the future.

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Reference

• Watcher Guru. 3 Countries Achieve 90% De-dollarization in 2025. Accessed on October 24, 2025