Head of the Accounts Chamber Alexey Kudrin spoke about the fate of the dollar in Russia after its exception from the structure of the National Welfare Fund (FNB). He said about this in an interview with TV channel “Russia 1”.
“The dollar is not outside the law. Everyone will also work, also exchange in all exchangers. You can also store your personal savings in dollars, but the state diversifies their reserves to other assets,” he said. Alternative to the dollar, according to Kudrin, can be Chinese yuan.
In the past few years, the Chinese yuan entered such a circle of currencies. He, of course, is not as stable (as a dollar), but it has already become a serious real currency of the world level, “the head of the Accounts Chamber clarified. In addition, Kudrin mentioned the Swiss franc and the English pound sterling.
In early June, the Minister of Finance of Russia Anton Siluanov declared a radical change in the structure of the FNB in the next month. It will not remain American dollars, although before that they accounted for 35 percent of the foundation. In the State Duma, the idea was supported. “In conditions where economic sanctions are introduced in the package of political conjuncture, the dollar can be used as a tool for blackmail and pressure,” said Vyacheslav Volodin speaker.