The Russian Federation and the DPRK began conducting interbank settlements in rubles
The Russian Federation and the DPRK produced the first inter-Bank settlements in Russian roubles, informs the press service of the Russian Ministry for development of Russian Far East. " According to Alexander Dumplings (Minister for Far East development - approx. OPINION), one of the solutions to ambitious targets to increase the volume of mutual trade in 2020 to $ 1 billion - correction system of mutual payments and transfer payments in Russian rubles ", - Reported in the report on the Internet representation offices. It Also mentions the creation of a contractual framework for the transition to settlements in rubles between the Russian and Korean organizations." Signed agreements between OJSC JSCB " Regional development Bank ", " Bank of Foreign trade of the DPRK and the Korean Bank connection development " about the opening of correspondent accounts in Russian rubles ", - said in the report. In early October centuries Putin said that the Russian Federation intends to move to the national currency in the trade of energy and other economic calculations both with China and with other countries. The idea arose against the backdrop of the introduction of Western sanctions against Russia for its position in Ukraine and the Crimea. First it was announced that most of its trading partners have already used the ruble in trade with Russia: for example, Chinese, some European and until recently, Ukrainian. Also, the authorities made the offer to move to the settlements in rubles Russia and the DPRK. In addition, the 1st Deputy Chairman of the Bank of Russia Ksenia Yudaeva urged to make payments within the Commonwealth of Independent countries in rubles.