Categories
Uncategorized

Russia Considers Partially Replacing Dollar Reserves With Digital Assets in Future

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Amid ongoing sanctions, the government of Russia has been working to limit the country’s dependence on the U.S. dollar. The Ministry of Foreign Affairs now says it’s possible to partially replace the greenback in currency reserves and trade settlements with other currencies and even digital assets in the future. Foreign Ministry Official Sees Russia Acquiring Digital Assets to Reduce US Dollar Dependence In its efforts to counter the negative effects of expanding U.S. sanctions, the Russian Federation is putting an emphasis on “dedollarization,” Deputy Foreign Minister Alexander Pankin remarked in…

The post Russia Considers Partially Replacing Dollar Reserves With Digital Assets in Future appeared first on Technology Manias.

Leave a Reply

Your email address will not be published. Required fields are marked *