President Vladimir Putin, speaking at the St. Petersburg International Economic Forum, spoke about serious impact, which can be applied on the dollar. The broadcast leads the Youtube channel “Russia-24”.
“If you look at what is happening – and these are not only our assessments, but also other international institutions – the gold and foreign exchange reserves of many countries of the world are reduced, including the US allies, in dollars,” Putin said.
According to him, the share of calculations in dollars in the global economy has recently been also reduced. “Our operators are preferring operations in dollars, although oil is more attached to the dollar, because oil – stock product. Gas is not exchanged goods (in reality, gas is traded in Russian and international exchanges – approx.” Renta.ru “),” said Head of State.
Currently, Russia, according to him, is calculated with many countries in national currencies and considers the possibility of increasing the number of such counterparties. “We are ready to talk about the calculations in the euro. EURO for us is absolutely acceptable in gas calculations. If oil workers leave the calculations in dollars, it will be a very serious blow to the dollar, as on the world’s reserve currency,” Putin concluded.
June 3 Finance Minister Anton Siluanov announced that the sovereign national welfare fund (FNB) will abandon the assets nominated in dollars for a month and sell them.