The DPR will use ruble and dollar

Mar 19, 2015 15:59




The self-proclaimed Donetsk People's Republic will transition to a "multi-currency system" after March 25, 2015.

The minister of the economic development of the DPR Yevgenya Samokhina announced this.
As the "Donetsk News Agency" writes, by the order of the head of the self-proclaimed republic Alexander Zakharchenko currently there are ongoing preparations for introducing the multi-currency system. "The main currency will be the Russian ruble and the dollar," - clarified the minister.
She also noted that the Ukrainian hryvna will be gradually "washed out" from the DPR currency market.
Earlier, sources in the self-proclaimed Lugansk People's Republic announced the transition to the "multi-currency system" after March 15.

http://www.rosbalt.ru/ukraina/2015/03/19/1379548.html (in Russian) - link

Somewhat earlier Plotnitsky said that already in the nearest time the pensions in LPR will be paid in rubles.

PS. Overall, the slow severing of economic ties borne by the economic blockade of Donbass will continue. Because it won't be possible to end the conflict soon, as well as to preserve normal economic relations with Ukraine, the DPR and the LPR will be forced to create some sort of ersatz, which will exist up until the moment of creating a normal currency system - either using ruble or using its own currency. Naturally, this process may be stretched over several months, or even years.

Original article: http://colonelcassad.livejournal.com/2097214.html (in Russian)
Yandex translation of the comments posted to the original Russian blog entry:
https://translate.yandex.com/translate?url=http://colonelcassad.livejournal.com/2097214.html%23comments&lang=ru-en

donetsk people's republic, money, zakharchenko, economy, novorossia, dpr

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