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  Politics 
14 of October, 00:02

The Ministry of Finance DND: the share of ruble cash in circulation in the Republic reached 94%
The share of Russian ruble in circulation in the self-proclaimed Donetsk people's Republic reached 94%, said Last news in the Ministry of Finance DND.

In spring, the authorities DND announced the introduction in the field of multi-currency zone. One reason for this step was the lack of the cash hryvnyas because of the blockade from Kiev. Then was introduced the fixed exchange rate of the ruble in 2 hryvnia. In early autumn, Russian ruble in DND became a unified account of foreign money. The country officially switched to a floating exchange rate.

"The percentage of the ruble to the Ukrainian hryvnia in DPR 94% to 6% ", - stressed in the Ministry of Finance.

the Ministry also added that to abandon the Ukrainian hryvnia and fully switch to the Russian ruble does not imply.

"The rejection of the hryvnia is not expected, because there are UAH revenues from sales of coal products and other income. In order not to complicate the lives of citizens of the Republic, is not cancelled, the circulation of the Ukrainian hryvnia, the dollar and the Euro ", - stated in the Ministry of Finance of the Republic.

at the end of summer the Ministry of economic development DNR reported that the Russian rouble became the main currency of the Republic, its Share in the monetary turnover - 90%. Due to the economic blockade of Ukraine Ukrainian currency is rapidly washed out from the territory of the Republic. Similar is the situation in LNR - in the beginning of autumn, the Share of the ruble in the statement amounted to 95%.

at rallies in early April last 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 the Republic declared its sovereignty, put together their own authorities. 2nd November 2014 in DND and LNR elections of heads of republics and deputies of parliaments. Kiev DND and LNR not recognize.


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