Participants in foreign trade. If risks to financial stability arise, you must conduct interventions in the currency that is in demand for trade and switzerland telegram data debt repayment. Therefore, until 2022, our reserves had a significant share of dollars and euros — it was due to the fact that foreign trade contracts were largely in dollars and euros. Now foreign economic activity is very actively switching to the use of other currencies, primarily the yuan. For example, two years ago, the share of the Chinese currency in Russia’s exports was 0.4%, and according to the latest data — 34.5%, in imports it increas from 4.3% to 36.4%. That is, quite a large increase.
Will we include currencies of othe
r countries in the reserves? This question can be consider in the long term if these currencies are stable enough and the share of settlements in them grows. Of course, we also ne to take into account such factors as market liquidity, the email warmup can improve your results availability of reliable and liquid instruments in these currencies.
Are other countries interest in the ruble as a reserve currency?
Those who actively trade with us in rubles can agb directory consider this issue. This includes the countries of the EAEU. The structure of any country’s reserves follows economic activity.
