• Russia has lost confidence in US dollar - official

    1 month ago - By RT

    The greenback has become an unreliable unit of account, says Finance Minister Anton Siluanov
    Russia no longer has trust in the US currency because it has become an unreliable financial instrument, Finance Minister Anton Siluanov stated on Monday.
    He pointed out that the US dollar, euro, and British pound - the main reserve currencies - had once been considered the top units of account. “The situation has shown that now this is a completely unreliable instrument... Therefore, we have no confidence in this kind of unit of account. It is lost,” Siluanov told Russia's Channel One channel.
    Read more ...