Russian President Vladimir Putin clarified the position of Russia on the use of the dollar. According to him, the country does not intend to completely refuse him as a reserve currency or a universal means for calculations, transfers TASS.
“If you heard something that I am talking about a dollar about something, and understood that we want to get rid of it as from the reserve currency, or from the universal means of calculations – this is not the case. I talked about a friend” , “he said. As president explained, he meant that the United States uses its national currency for various sanctational measures.
Earlier, the Minister of Finance of Russia Anton Siluanov declared a radical change in the structure of the National Welfare Fund (FNB). He clarified that there would be no American dollars in the updated structure of the FNB, although they were 35 percent of the Fund. At the same time, the share of the euro will increase (from 35 percent to 40) and yuan (from 15 percent to 30). The share of the British pound of sterling (from 10 percent to 5) will be reduced twice (from 10 percent to 5), and gold will appear in the amount of 20 percent. Japanese yen will continue at 5 percent.