In the Central Bank of Russia stated that the American currency will remain part of international reserves. This was told by the head of the Elvira Nabiullin regulator, her words brings “Interfax”.
“We think that the dollar will remain part of our reserves,” she concluded, determining the fate of the currency. At the same time, Nabiullina indicated that the Central Bank takes into account the generating geopolitical risks.
Previously, Nabiullina has already said that Russia will not fully abandon the dollar in reserves. According to her, the currency structure of reserves reflects a different kind of risks, including economic nature. In deciding on the structure of international reserves, Russia will take into account the change in the structure of the National Welfare Fund (FNB).
Earlier in June, the head of the analytical credit rating agency (acre) Mikhail Sukhov explained the impossibility of Russia to completely abandon the dollar in trade calculations. In particular, he talked about the fact that the full rejection of the dollar is impossible, since one of the main export goods – oil – is quoted in this currency.
Earlier, Finance Minister Anton Siluanov said that the FNB would completely get rid of the dollar in the next month. Instead, the share of euro and yuan will grow in the structure, and gold will appear.