[London, 3rd Archyde.com]-The Russian Presidential Administration has said that major exports other than natural gas will also be required to pay in their own currency, the ruble. He argued that the freeze on Russian assets by Western nations led to a decline in confidence in the dollar and euro.
Putin announced on March 31 that he would sign a presidential decree requiring payment in the ruble when purchasing Russian natural gas, and would suspend supply if he did not pay.
Russian Presidential Administration spokesman Peskov told state television “Channel 1” that the ruble payment for gas was a “prototype” and “I am confident that it will be expanded to new product lines in the future.” Said. I didn’t mention the time.
Russia explained that it is seeking a new system to replace the Bretton Woods system that Western countries decided to introduce in 1944. “At this point, it’s clear that we’re going to replace the new Bretton Woods system, even if it’s a long way off,” she said.
He criticized the Russian central bank’s $ 300 billion asset freeze in Europe and the United States as a “robbery,” and claimed that the sanctions against Russia “accelerated the decline in confidence in the dollar and euro.”