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PressTV - Crimea adopts Russian ruble as official currency
Crimean PM says Russian ruble has become the official currency of the peninsula. (File photo)
Mon Mar 24, 2014 3:46PM
Russian currency, the ruble, has become the official currency of Crimea, the Black Sea peninsula’s prime minister says.
“From this day, we can officially make payments in rubles. The [Ukrainian] hryvnia remains in use until the 1st of January, 2016," Sergei Aksyonov stated on Monday.
Meanwhile, Crimea’s First Deputy Premier Rustam Temirgaliyev announced plans to pay pensions in rubles, with some 300 million rubles (8.3 million dollars) being set aside for the payment.
He also said all retail and service institutions in Crimea will start taking rubles along with hryvnias and double price tags will become available.
“There is a short transitional period of two, maximum three weeks underway now,” he added.
The Crimean parliament announced on March 17 that the Russian ruble will become the second official currency of the territory and will be circulating alongside the hryvnia until it is withdrawn in 2016.
Crimea declared independence from Ukraine and formally applied to become part of the Russian Federation following a referendum on March 16, in which 96.8 percent of Crimeans voted for union with Russia, with a turnout of 83.1 percent.
On March 21, Russian President Vladimir Putin signed into law documents that officially made the Black Sea peninsula part of the Russian territory despite condemnation from the West and the new Ukrainian government.
seems like we have a Rublezone now with Russia, South Ossetia, Abkhazia and now Crimea joining too
Crimean PM says Russian ruble has become the official currency of the peninsula. (File photo)
Mon Mar 24, 2014 3:46PM
Russian currency, the ruble, has become the official currency of Crimea, the Black Sea peninsula’s prime minister says.
“From this day, we can officially make payments in rubles. The [Ukrainian] hryvnia remains in use until the 1st of January, 2016," Sergei Aksyonov stated on Monday.
Meanwhile, Crimea’s First Deputy Premier Rustam Temirgaliyev announced plans to pay pensions in rubles, with some 300 million rubles (8.3 million dollars) being set aside for the payment.
He also said all retail and service institutions in Crimea will start taking rubles along with hryvnias and double price tags will become available.
“There is a short transitional period of two, maximum three weeks underway now,” he added.
The Crimean parliament announced on March 17 that the Russian ruble will become the second official currency of the territory and will be circulating alongside the hryvnia until it is withdrawn in 2016.
Crimea declared independence from Ukraine and formally applied to become part of the Russian Federation following a referendum on March 16, in which 96.8 percent of Crimeans voted for union with Russia, with a turnout of 83.1 percent.
On March 21, Russian President Vladimir Putin signed into law documents that officially made the Black Sea peninsula part of the Russian territory despite condemnation from the West and the new Ukrainian government.
seems like we have a Rublezone now with Russia, South Ossetia, Abkhazia and now Crimea joining too
