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3 of September, 16:32

The ruble is 95% the statement of the currency in LNR
Ruble occupies 95% of the turnover of the self-proclaimed Luhansk people's Republic, said at hardware meeting of the Council of Ministers, the Minister of economic development and trade Elena Kostenko.

"The ruble is in the trade turnover of the Republic of 95%, the hryvnia is still in progress, the multi-currency system is maintained," said Kostenko.

the head of the Council of Ministers LNR Gennady Tsepkalo said that From the circulation of the hryvnia is not withdrawn." From circulation hryvnia not retractable. The ruble is the main currency, the hryvnia is as a subsidiary, as the dollar and the Euro, " said Tsepkalo.

in late summer the Ministry of economic development DNR reported that the Russian Ruble became the basic monetary unit of the Republic, its share is 90% of the total currency in the statement. Due to the economic blockade of Ukraine, the Ukrainian currency is rapidly washed out from the territory of the Republic.

The first of September in the LC, according to the decree of the Council of Ministers of the Republic, the Russian Ruble has become the main foreign money. Payments of salaries, pensions and social allowances are made in rubles, which means the allocation of the Ukrainian hryvnia to the Russian Ruble at the rate of 2 to 1. Planning, budget, financial and tax reporting will also be formed in rubles.

at rallies in early April of this past year the residents of Donetsk and Lugansk regions of Ukraine, do not recognise the legitimacy of the February coup, announced the development of " people's republics ". After held in may referendum of the Republic declared its sovereignty and later formed the Union of " new Russia ", put together their own authorities.

Kiev DND and LNR not recognized and began from mid-April 2014 in the field of power special operation. According to the summary data of the UN, the victims of the conflict began more than 6, 8 thousand people.


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