Putin discusses Russia’s economy growth with ministersBusiness & Economy September 24, 2:38
Lavrov warns against partition of SyriaRussian Politics & Diplomacy September 23, 0:00
Lavrov calls to coordinate Russian, US military action in SyriaRussian Politics & Diplomacy September 22, 21:05
Lavrov blames Obama administration for souring Russia-US tiesRussian Politics & Diplomacy September 22, 20:41
Waging war on Korean Peninsula inadmissible, says LavrovRussian Politics & Diplomacy September 22, 20:36
Russian Northern Fleet completes drills in ArcticMilitary & Defense September 22, 18:01
OPEC and non-OPEC countries to continue talks on oil production cut dealBusiness & Economy September 22, 17:28
Russian pair figure skaters Kavaguti, Smirnov retire from sportSport September 22, 16:48
Record number of delegations register for St. Petersburg-hosted IPU AssemblyRussian Politics & Diplomacy September 22, 16:47
MOSCOW, October 15. /TASS/. Russia’s Deputy Finance Minister Sergey Storchak thinks it’s more preferable for Russia to make international export and import payments in rubles, not in national currencies, he said in an interview aired by the Rossiya-24 TV news channel on Thursday.
"I think it’s good if there’s been a change of accents. In my view, change of accents is not payments in national currencies in international trade regarding export and import transactions but exactly the shift to payments in rubles, not least because ex officio the ruble outweighs many other national currencies of our foreign economic partners. Thus, traditionally I’ve not liked very much the view that international trade payments should be made in national currencies. In this case the ruble should be highlighted," Storchak said.
Deputy Minister also considers it necessary for national producers and exporters of goods to be interested in making contracts in rubles.
"Optionally we already admit it in loan contracts with foreign countries, which the Finance Ministry has been making publicly. Our borrowers may choose between payments in convertible currency and in rubles. In fact we’re saying that the ruble and the dollar are equal currencies from the viewpoint of efficiency of payments. We’re not speaking about safety from the viewpoint of stability and we’re not speaking about this or that currency’s volatility. An exporter should assess himself what is more interesting for him and what volatility risks he sees," Storchak said.