Russia needs to get out of the dollar as soon as possible, that is, to minimize the use of the American currency in foreign trade. This is talked about for a long time, but only now the public has been shown an effective plan to implement this plan. It was presented by the head of VTB Andrey Kostin. The plan consists of three large-scale items. The first thing to do is to accelerate the transition in settlements with foreign countries for export-import operations to other currencies, Izvestia reports.. Secondly, it is necessary to translate the legal addresses of the largest Russian holdings into Russian jurisdiction. For companies that have fallen under US and European sanctions, registration abroad "complicates the implementation of further tasks," said the head of one of the largest domestic banks. The third, final step will be the placement of Eurobonds on the Russian site. At the moment, the Russian Federation uses an international depository and clearing center, but eventually it will be necessary to switch to the services of the Russian depository. The Kostin plan also includes a number of smaller steps. For example, it is a matter of licensing all participants of the stock market in such a way that they all work according to uniform rules. The early dedollarization is necessary, because the Russian economy, tied to the dollar, is in a dependent position. It is heavily influenced by the political conjuncture and actions of the American authorities. It comes to ridiculous: in trade with China, only 8% of operations are carried out in yuan, 22% - in rubles and almost 70% - in dollars. Experts note that the gradual rejection of dollars is a global trend, for this all conditions were created. "We see among the developing countries attempts to use national currencies in mutual calculations. Now, the largest international blocs of developed countries, including the EU, are connected to this, "the expert of the Russian Council on Foreign Affairs Yaroslav Lissovolik. At the same time, Andrei Suzdaltsev, a deputy dean of the Faculty of World Economy and Politics at the Higher School of Economics, warned that a radical transition to settlements in less stable national currencies between countries could lead to undesirable consequences. "We will have to vary prices with this account. Given the level of trade turnover, this may not be profitable, "the expert explained..

Meanwhile, the ruble, which, according to Kostin's plan, should become one of the main currencies for international settlements in the future, should remain stable next week after the decision of the Bank of Russia to raise the key rate. Waiting for sanctions can force the regulator to raise the rate from the current 7.25% to 7.5%. If this does not happen (the Central Bank can take into account the low inflation and high oil prices), investors will still remain optimistic. As a result, the trading range for the national currency will be 68.5-70 rubles for $ 1, Natalia Milchakova, deputy director of the analytical department of Alpari, told Rossiyskaya Gazeta..