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Kremlin refuses to comment on proposals to reduce use of foreign currencies in Russia

Russia’s Security Council proposed to develop the financial market in order to expand the use of the Russian ruble for international payments and reduce the use of foreign currency in the country

© Yegor Aleyev/TASS

MOSCOW, April 27. /TASS/. The Kremlin has refused to comment on the National Security Council's proposals to reduce the use of foreign currencies in Russia.

Speaking to reporters on Monday, the Russian president’s spokesman Dmitry Peskov said that those proposals came directly from the Security Council’s departments and the experts of its commissions.

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"I can’t say for sure but it is most likely an opinion of the Security Council’s departments", Peskov said. He refused to comment on the details saying he doesn't know exactly what is meant by them.

He added that Russia is not using foreign currency on its territory because it is the ruble zone anyway.

On Monday, Russia’s Security Council proposed to develop the financial market in order to expand the use of the Russian ruble for international payments and reduce the use of foreign currency in the country.

The Security Council suggested that the Central Bank of Russia and the Russian government should develop measures to improve liquidity and capitalization of the banking system and measures to ensure.

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Ruble symbol: Russian currency transformation

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