Russia reduces dependence on "risky" US dollar

The dollar is a risky currency, First Deputy Prime Minister and Finance Minister Anton Siluanov said. This is all you need to know about the competence of the Russian Minister of Finance. The examples of stability and reliability are the Mongolian tugrik, the South African rand, the Argentine peso, and the Russian ruble.

According to Siluanov, the American dollar, which is confidently leading in international payments, has been a simple green paper for a very long time. In addition, statements that Russia will abandon transactions in dollars are constant, but the prices for oil and gas, timber and metals, diamonds and gold on the global market are still calculated in dollars. The main flow of international payments throughout the world is also carried out in the American currency. Even if Russia decides to abandon the dollar completely, the world will not notice it. Siluanov said the authorities limit settlements and transactions in the US dollars. In fact, the stability of the dollar, which was considered the world currency, is undermined, he added. The actions of the US authorities, regarding different restrictions, lead to the fact that the dollar becomes a risky instrument. These statements were made during the evening air on Russia 1 channel and they cannot be regarded as an official position, as they are primarily aimed at patriotic citizens. After all, if this is a real response to US sanctions, then what is offered to replace the dollar: the euro or the pound? Both the EU and Britain imposed sanctions against Russia.

In other words, all this can be called empty rhetoric on the TV. Besides, this topic is being discussed for ten years. But so far a small number of ordinary citizens, who still have some savings, prefer to keep them in dollars. The members of the government, however, are not going to abandon the dollar completely judging by their foreign accounts.