Russia’s Finance Minister Anton Siluanova: Vladimir Fedorenko/ RIA Novosti
The U.S. dollar is an unreliable tool for international trade settlement. Such statement on air of TV channel “Russia 1” made the first Russian Deputy Prime Minister, Minister of Finance Anton Siluanov. His words are quoted by TASS.
In this regard, he did not rule out the transition to national currencies in oil trading. “We have significantly reduced our investment of our reserves in us assets. In fact, the dollar was considered the world currency, it becomes a risky tool for calculations,” — said the official.
The Minister added that the government is not going to close the American company working in Russia. “At the present time any restrictions there. It’s like, for example, to take a close McDonald’s: these companies employ our citizens”, — said Siluanov.
Saturday, August 11, the President of Turkey Recep Tayyip Erdogan announced that Ankara was preparing to move to settlements in national currencies in trade with its largest partners — China, Russia, Iran and Ukraine, gave the Agency “Anadolu”. According to him, Turkey is ready to pay in national currencies and the European countries if they want to “get rid of the shackles of the dollar.”
Video, photo All from Russia.