Which is quite natural.
For decades, the Central Bank has been inert in setting official rates for new currencies: the regulator has been mainly focused on US dollars, European currencies, and also on the Japanese yen. Starting today, the Central Bank of the Russian Federation will include nine more foreign currencies in the list of currencies for which official rates against the ruble will be set.
Listed currencies include the UAE dirham, Thai baht, Vietnamese dong, Serbian dinar, New Zealand dollar, Georgian lari, Indonesian rupiah, Egyptian pound and Qatari rial.
There is nothing surprising in this: trade relations between Russia and the issuing countries of the above currencies are strengthening, while the Russian side is actively working to ensure that all international transactions are carried out in national currencies, bypassing the dollar.
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De-dollarization, by the way, is actually the main idea of the current events, and the new reserve currency of the BRICS group will put an end to this issue. To date, only plans for its creation are known, but when this nevertheless happens, about 3.2 billion people will use it – and this is without taking into account the states seeking to join the BRICS group.
