The US raised the dollar specifically

05 September 2018, 11:50 | Economy
photo YTPO.ru
Text Size:

Washington deliberately manipulates the exchange rate of its currency - thereby the US authorities settle scores with their geopolitical rivals. The dollar no longer matches its status as the world's main reserve currency. This statement was made by the Minister of Foreign Affairs of the Russian Federation Sergey Lavrov. "Many politicians. hoped that the United States would be holy to fulfill its duties as the issuer of the world's main reserve currency. But what is happening now with the dollar? American currency is manipulated by Washington, as he wants, "the diplomat said on the First Channel. According to Lavrov, such a policy contradicts the economic obligations that the United States has assumed.

In fact, they use a common for all financial instrument as a tool for retribution. "States use the dollar as a lever of pressure when they need someone to" punish ", they stop servicing any banking operations in dollars," the Foreign Minister explained.. The actions of the White House and Congress do go against the high status of the country. Carrying out the role of "guardian" of foreign exchange reserves, America must maintain maximum neutrality and impassivity.

But this does not happen. What is the recent decision of the US administration to freeze Russian assets placed in the country for hundreds of millions of dollars, the unleashing of trade wars and the sanctions pressure on unwanted states. Such actions turn into troubles not only for opponents, but also for US allies, as well as for American business. After all, such abuse weakens the dollar as an international currency. Recently, from various countries, proposals are increasingly being made to abandon the dollar as the main means of payment for international settlements and the main reserve currency. The BRICS countries are preparing an agreement that will allow them to pay for themselves with the help of national currencies. China has issued oil futures in yuan. Beijing offers its currency as an alternative to the dollar. Not so long ago, Turkish President Recep Tayyip Erdogan criticized the American currency. He said that in the future it will be necessary to abandon the dollar in foreign trade settlements, since the American currency serves as a hindrance to the development of world trade, recalls the channel 360. Meanwhile, the Russian ruble managed to hold off the dollar for a short time. On the eve of trading on the Moscow Stock Exchange, the ruble slightly increased against the US and European currencies. The dollar fell by 1 penny, to 68.

11 rubles, the euro fell in price by 22 kopecks, to 78.92 rubles. The ruble in recent weeks is under tremendous pressure in connection with the introduction of the next US package of anti-Russian sanctions. At this week, non-delegates will start discussing a new portion of restrictions that could lead to the introduction of a ban on the purchase of Russian public debt. On the eve of this event, investors withdraw funds from ruble assets, which leads to a weakening of the national currency.




Add a comment
:D :lol: :-) ;-) 8) :-| :-* :oops: :sad: :cry: :o :-? :-x :eek: :zzz :P :roll: :sigh:
 Enter the correct answer