The main information about the ban on the dollar in Russia is classified because a big surprise is being prepared for the population in the first place, says the well-known exchange analyst Stepan Demura. In the meantime, we can talk about an increase in the costs of enterprises for foreign exchange transactions. So he commented on the information and plans for the de-dollarization of the Russian economy, described in the Kommersant publication. According to him, the part that should shock the Russians is classified.
“As I understand it will be a surprise :-) In fact, what was publicly available to the de-dollarization of the economy has a distant relationship. Rather, it is simply an increase in the costs of enterprises for foreign exchange transactions. And that certainly doesn't motivate giving up the dollar. " - wrote Demura in his blog.
As you know, the Russian government's plan to de-dollarize the Russian economy is classified as "For official use," said Deputy Finance Minister Alexei Moiseev. "All measures that could have been voiced were announced," the news agency quotes Mr. Moiseyev. Analysts believe that it will contain a ban on foreign currency deposits for the population, as well as limiting the possibility of foreign exchange transactions only by state banks.
Monday, July 20, 2020 9:35:00 PM