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19 of August, 16:01

The economist: the ruble will not be foreign money LNR without the consent of the Russian authorities


MOSCOW, 19 Jan - RIA Novosti/Prime. The solution of the self-proclaimed Luhansk national Republic (LNR) to make the Russian ruble the main foreign money neutral for as long as the economy and the Russian ruble, however, the approval by the Russian authorities this proposal May toughen rhetoric of the West, says chief Economist "URALSIB capital" Alexei Deviatov.

Thus, According to his statement, technically similar project is quite feasible - the ruble is the national foreign money neighboring Abkhazia and South Ossetia.

before the Council of Ministers LNR issued a decree about the fact that since September 1, the Russian ruble will become the main foreign money of the Republic. Payments of salaries, pensions and social allowances will be made in rubles, which means recalculating " from the Ukrainian hryvnia to the Russian ruble in size 2, 0 ". Planning, budget, financial and tax reporting will also be formed in rubles.

According to the document, allowed the appeal of the hryvnia, us dollar and Euro, as well as " payment in cash and cashless forms in hryvnias, us dollars of the United States of America and the Euro ".


"I would, frankly, was Not so sure that Russia will go for it. Large economic costs don't see political issues are present, " says the Economist.

"It is important, the reality is that on this issue I will say of the Russian Federation, because without Russia, the Introduction of Russian ruble in these areas impossible. If this political will from Russia, then it is perfectly feasible project. We can look at Abkhazia, South Ossetia, where there isn't any national currency, and despite the independence of these countries, they use the Russian ruble, " He said Last news .

He added that in practice certain independent countries apply foreign currency, without having their, for example, Ecuador and Zimbabwe after hyperinflation did Not want their currency in favor of the us dollar." Nothing is impossible and amazing in this idea, " said Devyatov.

The economist showed that in the case of Russia's decision to Express support for the initiative LNR, May increase the pressure of the West on Russia, and will be temporary nervousness in the market." Do not know whether it is necessary for Russia in this situation, which is when the West accuses us all serious sins. The introduction of the Russian ruble in these areas will, naturally, be another reason for the West to accuse us that We wish these areas have nevertheless to bend under him, " added Devyatov.

"has the ability to be some nervousness on the trading markets associated with the fact that certain players will have to wait strengthen sanctions. But the real gain of punishment because of this will Not, I think, and all that nervousness after some time to calm down", He added.

Devyatov said, adding that the value of the hryvnia exchange Rate against the ruble is non-market." The rate of two dollars for hryvnias, it seems so non-confiscatory, because at the present Rate of about three grivnas for the ruble, " He added.


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