Deputy head of the department Alexander Pankin announced the advisability of reducing the share of the American currency in national international reserves, as well as using it in settlements with foreign partners
It is advisable to reduce the share of the dollar in national reserves and settlements, replacing it with other currencies, both national and regional, and in the future with “some digital assets, ” Deputy Foreign Minister Alexander Pankin said in an interview with Interfax .
“Our settlements with major trading partners need protection and stability in the context of the currency used, since payments in US dollars, in fact, go through American banks and a clearing system, which allows Washington to block any suspicious transactions in their opinion,” he explained deputy minister.
At the same time, Moscow sees no reason to reduce the share of the euro in national reserves and external settlements, Pankin noted. According to him, it is economically inexpedient to replace this currency with any one solely for political reasons.
Earlier, Russian President Vladimir Putin said that cryptocurrency has a place in existence and can be used as a means of payment. Putin said that in the future, digital assets can begin to be used as a store of value.