Russia concerned about the issue of de-dollarization. This is a global trend of the last five years, but in the Russian Federation they misunderstand it - instead of really strengthening their currency, they plan to replace the dollar with the yuan.

According to Russian media, over the past six years, the share of the dollar in global foreign exchange reserves has decreased by 6.2%. Already in 10 years it can fall below 50%, and in 20 years - below 40%, says Iskander Lutsko, chief investment strategist at ITI Capital.

According to him, the de-dollarization is due not so much to the weakening of the dollar, but to the strengthening of the role of other currencies, especially the yuan, the yen and the Canadian dollar..

However, there is a danger here - the rejection of the dollar in favor of another foreign currency. That is, for example, juanization.

Comment ZN. UA:.

[quote type\u003d" But most countries choose their own currency. To this end, many countries significantly reduce interest on deposits in dollars and increase on deposits in their national currency.. So the population is more interested in their own currency than foreign. Plus, Russia already has a dollar deficit. Otherwise, there would be no restrictions on its sale and purchase.. However, if there is a large-scale default, then they will probably not care anyway.. [/quote].

[see_also ids\u003d"

In Russia, they stopped selling housing for cash, alternative transactions increased three times. The ruble is depreciating.