Russian authorities began to prepare the domestic economy to refuse the dollar. In the Ministry of Finance, they stated that it was now needed incentives to “move the entire economy further from the dollar.” This is reported by TASS.
“Our maybe the first goal is to make Russia an erectious country so that the dollar is substituted by the euro. And I think we have all the grounds for this that it will concern the liquidity of currency exchange, and so on. But for It needs stimuli, “explained the director of the Department of Control over the external restrictions of the Ministry of Finance Dmitry Timofeev. To clarify what kind of incentives are we talking about, it did not become, but at the same time allowed the directive methods for a number of state-owned companies.
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.
“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 diversify their reserves to other assets,” the head of the Accounts Chamber Alexey Kudrin explained later. Alternative to the dollar, according to Kudrin, can be Chinese yuan.