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Siluanov: Russia is gradually getting rid of the dollar and the euro

2022-10-24T07:32:04.324Z


Moscow, SANA- Russian Finance Minister Anton Siluanov announced that Russia is gradually getting rid of the dollar and the euro in


Moscow


, SANA- Russian Finance Minister Anton Siluanov announced that Russia is gradually getting rid of the dollar and the euro in its market, as they are “toxic currencies”, which leads to the strengthening of the ruble.

"The detachment from the dollar and the euro has already begun, and the ruble will be replaced by export goods where possible," Siluanov said in an interview reported by Sputnik.

“The Russian Ministry of Finance does not plan to completely abandon the peg to the dollar in order to exchange goods, however, for tax purposes their price is recalculated into the ruble,” Siluanov added, stressing that this will not remain forever.

Russian President Vladimir Putin had previously confirmed that Russia would continue to switch to national currency settlements in exchange for exports of Russian energy resources.

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Source: sena

All business articles on 2022-10-24

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