Date: 7 months ago   Category: Economy

The head of VTB has thought up the plan from three points for refusal of Russia of dollar


The head of VTB Andrey Kostin has developed the plan for refusal of the American currency. He has told about it to the Izvestia newspaper. According to him, the road map consists of at least three large-scale points. The first step Kostin called the accelerated transition in settlings with the foreign states on export-import transactions on other currencies. The second action he has suggested to transfer legal addresses of the largest Russian holdings to the Russian jurisdiction. "On colleagues who were included in April sanctions of the USA we have understood that registration abroad complicates performance of further tasks" — he has explained. The third point Kostin called need to transport placement of eurobonds on the Russian platform. The head of VTB has complained that in the Far East the credit institution performs 70 percent of operations on trade with China in dollars, only 8 percent — in yuans and 22 percent — in rubles. In October, 2017 the former Minister of Finance Alexey Kudrin has said that sanctions of the USA will promote use of ruble in international payments. The policy of Washington for Moscow "most likely will urge on use of ruble forcedly, even regardless of the fact that it can be more expensive" — he has noted. It is more than important news in Film of Day Telegram-channel. Subscribe!

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