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Ruble Will Become Official Currency In Former Ukrainian Regions - Foreign Affairs - Nairaland

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Ruble Will Become Official Currency In Former Ukrainian Regions by NATOPresident: 10:31am On Oct 03, 2022
The hryvnia will be accepted for payment until December 31.
The Russian ruble is set to become the official currency for the Donetsk and Lugansk People’s Republics, as well as Kherson and Zaporozhye Regions, the former Ukrainian territories that voted to join Russia in a referendum earlier this week.
According to the press service of Russia’s State Duma Committee on State Construction and Legislation, the Ukrainian hryvnia will be accepted for payments in the regions until December 31. However, starting January 1, the ruble will be the only currency accepted.

“The ruble will be the monetary unit on the territories of the new [Russian] regions. Until December 31, 2022, the Ukrainian hryvnia will be accepted for cash and non-cash payments. The Bank of Russia will be empowered to establish the specifics of credit and non-credit financial institutions operation,” the press service said in a statement on Sunday.
The DPR and LPR broke off from Kiev and had been de facto independent territories since 2014. Kherson and Zaporozhye declared independence from Ukraine earlier this year. All four territories voted in favor of joining Russia in referendums held between September 23 and 27.
The Russian Constitutional Court ruled on Sunday that the treaties on the accession of the territories to Russia are in full accordance with the constitution, and the next step to make them part of Russia is for the documents to be ratified by both houses of the Russian parliament. The votes on this are expected to pass in the coming days.
Re: Ruble Will Become Official Currency In Former Ukrainian Regions by Nobody: 10:35am On Oct 03, 2022
Alright

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Re: Ruble Will Become Official Currency In Former Ukrainian Regions by NATOPresident: 10:38am On Oct 03, 2022
Swishy Wishy
those ukrainians in the new territories just got a new lifeline, they can visit brics countries and probably half the world with the rubles, which is backed by real gold, and untapped resources of the continental size russia.
Re: Ruble Will Become Official Currency In Former Ukrainian Regions by NATOPresident: 11:43am On Oct 03, 2022
Breaking News: State Duma Committee Approves Draft Constitutional Law on Accession of New Territories to Russian Federation
Re: Ruble Will Become Official Currency In Former Ukrainian Regions by Osariemen12: 11:57am On Oct 03, 2022
God bless Mother Russia.

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