Critical answer from Putin about the future of the dollar28 July 2018
Russian President Vladimir Putin also responded to a question about the possibility of reducing the use of dollars by BRICS countries, saying, “We do not reject the fact that Russia is the universal reserve currency of the dollar. We will not take sharp steps in this matter. We will use the dollar and we will continue to use it. ”
Russian President Vladimir Putin answered the questions of journalists after the 10th Brazil-Russia-India-China-South Africa (BRICS) Summit in Johannesburg, South Africa.
Indicating that Trump has a character who is trying to keep his promises, Putin said, “The leaders of other countries are forgetting some of their words after being elected. But Trump’s attempt to keep his promises to voters is a big plus, “he said.
Reminiscent of contacts between Russia and the United States, Putin said, “Trump wants to continue negotiations. I want this too. I invited him to Moscow. I’m ready to visit Washington. However, the conditions necessary for the work to be done need to occur. “
”We will continue using Dollar”
Speaking a few days ago, White House National Security Adviser John Bolton reported that the Trump-Putin meeting was not foreseen before 2019.
On the other hand, Putin responded to a question about the possibility of reducing the use of dollars in BRIC countries, “We do not reject the fact that Russia is the universal reserve currency of the dollar. We will not take sharp steps in this matter. We will use dollars and we will continue to use them. But we see the restrictive steps of the US dollar’s use as a strategic mistake. ”
In a statement he made recently, Putin said, “One way of getting rid of this dependency is, of course, the use of national money,” arguing that the US has confidence in the dollar to solve short-term tactical issues in the political arena.
Russia, including Turkey and continue their consultations on the use of local currencies in trade with many countries as well as China. In this regard, the Central Bank of the Republic of Turkey and started to work had reported that the Russian Central Bank.