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The Kremlin noted that Russia has not abandoned the dollar system

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•Kremlin spokesperson Dmitry Peskov said that Russia has not abandoned the dollar system.
•Peskov stated that settlements with the United States in dollars are acceptable for Russia.
•Peskov said that using dollars in settlements with the United States does not contradict Russia’s policy of transitioning to national currencies in trade.
•The Kremlin asserted that it was the United States that restricted several countries, including Russia, in their right to use the dollar.
•The Central Bank of Russia stated it is not involved in negotiations on a possible return to dollar settlements for Russian exports.
•Elvira Nabiullina responded publicly to questions about a potential return to dollar settlements, indicating the issue is under discussion at the political level rather than by the Central Bank.

Qué Podría Pasar Si...

▸If U.S. authorities ease restrictions on dollar transactions involving Russian entities Russian exporters and banks could increase the share of dollar-denominated settlements in trade with U.S. and third-country counterparts, affecting currency composition of Russia’s external trade flows.

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Actores Clave

Países

🌍Russian Federation 🌍United States of America

Instrumentos

📈United States dollar

Organizaciones

🏛The Kremlin

Personas

👤Dmitry Peskov(Kremlin spokesperson)

Cobertura por Fuentes

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Fuentes (10)

RURBC (RU)Песков счел допустимыми расчеты с США в долларах RUKommersant (RU)Песков: расчеты с США в долларах не противоречат переходу на нацвалюты RUKommersant (RU)ЦБ не участвует в переговорах о возврате к расчетам в долларах за экспорт RURBC (RU)Набиуллина ответила на вопрос о возможном возврате к расчетам в долларах

Kremlin spokesperson Dmitry Peskov stated that Russia has not abandoned the dollar system and considers dollar-denominated settlements with the United States acceptable, while continuing a broader policy of promoting national currencies in trade. The Central Bank of Russia, led by Elvira Nabiullina, indicated it is not involved in any talks on returning to dollar settlements for exports. The Kremlin framed current limitations on dollar use as a result of U.S. restrictions on certain countries rather than Russia’s unilateral refusal of the currency.