NATO secretary general says ceasefire in Donbass works only on paperWorld March 30, 19:47
Putin not against Russian businessman Deripaska speaking to US Congress about ManafortRussian Politics & Diplomacy March 30, 18:55
Russian space rocket center receives first tested engines for Soyuz spacecraftScience & Space March 30, 18:42
Ukrainian president orders to implement ceasefire starting from April 1World March 30, 18:41
Google agrees with basic terms of amicable agreement with Russian anti-trust regulatorBusiness & Economy March 30, 18:18
Putin sees Russia becoming world’s largest LNG producerBusiness & Economy March 30, 17:58
UK media comes up with more ‘fake news’ about Russian football fansSport March 30, 17:49
Original images vs. portraits on canvas: An artist's eye versus the camera lensSociety & Culture March 30, 17:24
Putin thanks CNBC anchor for correctly setting Crimea apart from UkraineRussian Politics & Diplomacy March 30, 16:57
MOSCOW, November 17. /TASS/. Russian Economic Development Minister Alexey Ulyukayev said Monday the establishment of a bi-currency system with the ruble in the self-proclaimed Donetsk and Lugansk People’s republics is technically possible but would be ineffective.
“Can an effective bi-currency system be created for the entity that is called the unrecognized Donetsk People's Republic and unrecognized Lugansk People’s Republic - it is certainly technically possible. We know examples of this,” Ulyukayev told the Ekho Moskvy (Echo of Moscow) radio.
He cited Transdniestria, where the Russian ruble is in circulation, as an example.
“But of course this is ineffective, difficult, inconvenient, and should be avoided. But in order to solve some everyday situations, it would probably be possible,” Ulyukayev said.