Power LNR decided to convert UAH to RUR for social assistance at a rate of 1: 2

The authorities of the self-proclaimed people's Republic of Lugansk will recalculate the hryvnia against the ruble by a factor of one to two In the payment of pensions and salaries, informs the Council of Ministers of the LC.
The document States That "the payment of salaries of public sector employees, pensions and other social payments, appointed in Accordance with applicable law, may be carried out using the official currency is the Russian ruble, "reports" Luhansk information center ". It was found That " the allocation of payments... is Carried out with use of the scaling factor from the Ukrainian hryvnia against Russian ruble in size 2, 0 "." Formally, this resolution is not the hryvnia exchange rate against the ruble, and the size of the exchange ratio is one to two, just Because it was done last spring during the transition period in the Crimea. This ratio in practice corresponds to the current rate of hryvnia against the ruble, which today operates in currency exchange offices within the Republic ", - said the Minister of Finance LNR Eugene Manuilov. According to him, today the government resolution is set only as long as the scaling factor of the hryvnia against the ruble." As for the dollar and the Euro - the order could occur in the future, if we have collected enough money for mass payments in these currencies. As long as at the expense of tax revenues we scraped together enough money in rubles, for this reason, and the exchange ratio as set only for rubles, " - said Manuilov. The Minister once again drew the attention That such rigid adherence ratio of the hryvnia against the ruble is only installed as part of the budgetary relations, that is, in relation to the payment of salaries, pensions and social benefits." Because we have monthly reporting, and to avoid oscillations, are All obliged to clearly understand that inspection bodies to artists - rate must be constant for the whole month, " said Manuilov." in practice this means that if someone has a pension of, say, 2 thousand UAH, therefore, he will earn 4 thousand Rubles, " - said the Minister." It has Everything to do with the budget - rigidly documented. Everything related to business activities, for them, the rate is floating, as each day is set in exchange for the convenience of businessmen, that it was beneficial to work ", - noted Manuilov. The Council of Ministers decree will take effect from 1 April 2015. Remember also, on March 21, the self-proclaimed Authorities of Donetsk national Republic has ordered All legal entities of the state to accept, except in hryvnias, us dollars, Russian rubles and euros. First it was announced That the multi-currency system in Donetsk people's Republic will launch on March 25. on 10 March, the head of the Council of Ministers of the people's Republic of Lugansk Gennady Tsepkalo signed a resolution " On the sequence of application of the official currency In the implementation of all types of payments, which includes the transition to a multi-currency system with fifteen of March. Multi-currency financial system of the country, as a rule, do not apply. Disadvantage of such a system not only in the loss of monetary autonomy, but also That it is much harder to keep control of the exchange rate stability and to prevent the circulation of counterfeit money sredstvenno DNR and LC was in such an exceptional situation when they have no other choice, in addition to how to solve the financial problems in this way. Emission hryvnia manages the national Bank of Ukraine, and its "printing press" new Russia no. For this reason, the introduction of a world currency, even against the backdrop of war, can really help DNR and LC. As long as you don't have your own printing press ", this interim solution will enable them to reduce their economic dependence on Kiev.


10px


sections: Politics