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Putin Warns U.S. May Regret Using Dollar as Sanctions Weapon

  • Russia doesn’t want to stop using greenback, president says
  • Putin praises Biden but says he expects no summit breakthrough
Screens show Russian President Vladimir Putin speaking during a plenary session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg on June 4, 2021.

Screens show Russian President Vladimir Putin speaking during a plenary session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg on June 4, 2021.

Photographer: Olga Maltseva/AFP/Getty Images

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President Vladimir Putin said Russia doesn’t want to stop using the dollar as he accused the U.S. of exploiting the currency’s dominance for sanctions and warned the policy may rebound on Washington.