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Ruble may become CIS currency

3 June 2009 13:40 (UTC+04:00)
Ruble may become CIS currency
Russia has suggested that the CIS have a common currency system, President Dmitry Medvedev has said. He told a meeting with representatives of the Liberal Democratic Party that an appropriate mechanism had already been prepared.
Medvedev believes that it is time for the Russia-dominated ex-Soviet bloc to adopt a common currency, as is the case in the European Union. Moscow has already taken the initial steps in this direction, as all accounts with Belarus and Kazakhstan will now be paid in Rubles.

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