Date: 6 months ago   Category: Finance

Medvedev called dollar the major world currency — Rambler News Service


The Russian Prime Minister Dmitry Medvedev said in an interview to the Russian TV channels that the dollar is the major world currency and that dedollarization does not mean full refusal of its use or the ban on its circulation within the country. "Dedollarization does not mean refusal of dollar at all. The dollar, certainly, is the major world currency, the major reserve currency, and any ban on circulation of dollar in the framework established, of course, by the law, in our country will not be. People will be able freely to place money in dollars and freely sell dollars, to change them for rubles or for other currency. Anybody never had such ideas, these ideas are absurd, they contradict in general economic rules" — Medvedev told, answering an appropriate question. The prime minister noted that Russia needs to be engaged in dedollarization as it is necessary to be guided by ruble and messages with the foreign states payments in their national currencies and in rubles. "But we need to be engaged in dedollarization, it is the truth. Just because we have to be guided by the currency, we have a currency ruble. It is more favorable to us to pay in rubles, it is more favorable to us to establish the relations with other countries in rubles. With China to pay off in rubles and in yuans — all of us time carry on this a conversation with them. With India to pay off, respectively, in rupees and in rubles. With other countries — in their national currencies and in rubles. And it is absolutely normal, we will surely continue this course, there is nothing in it harmful" — Medvedev told. "Especially as, we will tell frankly, our colleagues because of the ocean, I mean the American authorities, all often do to undermine confidence to dollar" — the prime minister concluded.

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