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Date: 10 months ago   Category: Russia

The single currency of the countries of BRICS can replace dollar — Aksakov


Against the background of toughening of sanctions policy of the USA the Russian authorities have begun to discuss actively plans of transition from dollar to payments in other currencies. The general currency of the countries of BRICS can become replacement to dollar. Such opinion to journalists of RIA Novosti was expressed by the Chairman of the Committee of the State Duma on the financial market Anatoly Aksakov. The Russian leader Vladimir Putin noted earlier that the Russian Federation doesn't plan the termination of investments into dollars and payments in currency of the USA, but tries to reduce sanctions risks. The head of VTB Andrey Kostin has shown to Putin the plan for dedollarization of the Russian economy and has reported to RIA Novosti that the head of state in general has supported him. Creation of single currency of the countries of BRICS it is discussed for a long time. Besides, the discussion about uniform cryptocurrency was conducted, but the parties haven't come to the general opinion yet. At the same time members of BRICS have already agreed about mutual crediting in national currencies. "If there is a collective currency of BRICS causing respect, trust, then it can become replacement of dollar too" — Aksakov considers. He has emphasized that he doesn't adhere to a position of full refusal of dollar. According to Aksakov, it is necessary to create such conditions that leaving from dollar became not so sensitive. "Have made the decision and have accepted, leaning on the created conditions, infrastructure quietly to work in national currencies" — the deputy
of fapnews Lidiya Martynova Today, 11:55 0 has explained

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