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The Central Bank assessed the risks of a complete rejection of the dollar in international reserves

2019-10-14T13:55:50.350Z

The head of the monetary policy department of the Bank of Russia Alexey Zabotkin called the complete rejection of the dollar in international reserves wrong.



“To completely exclude the dollar from reserves, in my personal opinion, is associated with excessive risks. Given that a number of obligations in the same corporate sector and public debt are denominated in dollars, ”RIA Novosti quoted him as saying.

Earlier, Russian Minister of Economic Development Maxim Oreshkin, in an interview with the Financial Times, advocated the gradual de-dollarization of transactions and the beginning of settlements in rubles and euros between Moscow and Brussels in the oil and gas sector.

In May, a member of the State Duma committee on the financial market, Yevgeny Shulepov, in an interview with the FAN, told how buying gold allows Russia to abandon the dollar.

Source: russiart

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