Date: 4 months ago   Category: Economy

The Kremlin called difficult process of dedollarization of the Russian economy — Rambler News Service


The Kremlin called difficult process of dedollarization of the Russian economy
Photo: globallookpress.com Process of dedollarization of the Russian economy is extremely difficult, however tendencies to expansion of use of national currencies in settlings with the international partners are already now observed, the Russian President's Press Secretary Dmitry Peskov has said. "It is very difficult process, the president (Russia Vladimir — RNS) Putin spoke about need of expansion of practice of use of national currency earlier, that is, ruble, in settlings with external partners and reduction of a share of dollar in the total amount of international payments. It is process which can't be short-term, it is dragged out on time. It is long and scrupulous work", - TASS cites words of Peskov. The official representative of the Kremlin has noted that "the tendency to expansion of volumes of payments in national currencies on the most different directions" is now observed. In September of the current year the head of VTB Andrey Kostin in an interview to Izvestia has told own plan for dedollarization of the Russian economy. He, in particular, assumed transfer of settlings with the international partners to other currencies and the translation legal addresses of domestic holdings in the Russian jurisdiction. Subsequently Kostin's plan was supported in the Ministry of Finance, RIA Novosti has reported. The deputy head of department Alexey Moiseyev has specified that he about a total ban in calculations of the speech doesn't go for use of dollar. Before October 2 Andrey Kostin has said in an interview of RIA Novosti that Vladimir Putin in general has supported his plan for refusal of dollar. He has specified that process will last not less than five years.

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