Russia is reportedly working to cut back its dependence on U.S. payment systems and the use of the American dollar as a settling currency, signaling the Kremlin is taking further retaliatory measures in response to new U.S. sanctions.
“We will, of course, intensify work related to import substitution, reduction of dependence on U.S. payment systems, on the dollar as a settling currency and so on. It is becoming a vital need,” Deputy Foreign Minister Sergei Ryabkov said Monday, according to a Reuters report that cited the RIA news agency. 
The report comes after Secretary of State Rex Tillerson Rex Wayne Tillerson Tillerson avoids contact with North Korean envoy Top Russian official: US, Moscow ready to have further dialogue following sanctions Tillerson, Russian foreign minister meet in Manila: Interfax MORE and his Russian counterpart, Foreign Minister Sergey Lavrov, had their first bilateral meeting following the Russia sanctions bill that President Trump signed into law last week.
Trump reluctantly signed the bipartisan measure into law …
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