The ruble in the self-proclaimed Luhansk people's Republic replaced disappearing from use the hryvnia, said Tuesday the Minister of Finance LNR Eugene Manuilov.

The first of September in the self-proclaimed Luhansk people's Republic, 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 will be made in rubles, which means recalculating " from 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.


"Hryvnia mass" washed out " from a turn in the LPR. Salvation was the Ruble, which has replaced the us money supply of the hryvnia, " - said Manuilov.

He said that the Multicurrency system works since March, and its introduction has been justified." These decisions proved to be correct. Multi-currency system has helped save the Republic from the economic blockade of Kiev ", - noted Manuilov.

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, put together their own authorities. The second of November in DND and LNR elections of heads of republics and deputies of the parliaments. Kiev DND and LNR will not recognize.

The Ukrainian authorities in April last year began military action against the self-proclaimed LNR and DND. According to the summary data of the UN, the victims of the conflict began more than 6, 8 thousand people. The settlement of the situation in the Donbass is discussed, as well as among them, during meetings in Minsk contact group, which since September of last year already took 3 of the document governing the steps to de-escalate the conflict.

The last document is dated 12 February - in addition to the ceasefire, withdrawal of heavy weapons and creating a security zone, obliges the Authorities of Ukraine to engage in direct dialogue with the authorized DND and LNR, for example, on the issue of conduct in local elections, entering into the Constitution of Ukraine of change, involving the decentralization of Power, as well as on the issue of legislative recognition of special status " of certain districts of Donetsk and Lugansk regions ".

sections: Politics